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1 English St, Salem MA 01970

$850,000

Estimated $1,947/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $425,000

Total Rent: 24000/year

Estimated CAP Rate:

5 Bedrooms

Baths

2487

Total Parking: 2

5,558 (0.13)

Discover the charm of 1 English Street in Salem’s desirable coastal neighborhood. This two-family property offers nearly 2,500 sq ft of living space across three levels, featuring hardwood floors, and versatile layouts in both units. The home is set on a 5,558 sq ft lot with a private, fenced backyard and in-ground swimming pool—a rare amenity for the area. Enjoy the unbeatable location: just minutes to downtown Salem, the MBTA Commuter Rail, parks, university, and shoreline. With easy access to public transportation and local shopping, this property blends urban convenience with neighborhood character. Additional highlights include off-street parking, updated utilities. Whether you’re looking for an investment or an owner-occupied opportunity, this property offers exceptional value in one of Salem’s most sought-after settings.

This home has been viewed 2 times

Last Checked: May 14th, 2026 at 10:23am (Source: MLS PIN #73501910)

Gross Income: $24,000

Gross Expenses: $6,823

Net Income Calc: $17,177

Annual Expenses for 1 English St, Salem MA 01970

Total Gross Expenses (Calculated)$6,823/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6823

Annual Income & Unit Breakdown for 1 English St, Salem MA 01970

Total Gross Income (Calculated)$24,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 1 English St, Salem MA 01970

Listing ID73501910

Property TypeMulti Family

Price850000 ($341.78/SqFt)

StyleMulti Family

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2487

Approximate Lot Size (Acres)0.13

Total Parking2

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 1 English St, Salem MA 01970

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 1 English St, Salem MA 01970

Real Estate Taxes6823

Tax Year2025

Assessed Value$601,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 1 English St, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 1 English St, Salem MA 01970

Agent

Name: DalBon & Company

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Team Members

Payment Calculator

, Interest

Property Taxes 568.58

Principal & Interest 5237.43

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

DalBon & Company

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

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    [unparsed] => 1 English St, Salem MA 01970
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EXIT

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