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1 South Main St, New Salem MA 01355

$659,900

Estimated $1,524/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $219,966.67

Total Rent: 39000/year

Estimated CAP Rate:

9 Bedrooms

Baths

4500

Total Parking: 12 (3 Garage)

39,639 (0.91)

Rare opportunity to own the only 3-family property in New Salem! This well-maintained 1730 Colonial offers three spacious units, Each has a full bath, separate utilities, and washer/dryer hookups. One unit is currently vacant, creating an immediate opportunity for owner occupancy or market-rate rental income. The property also includes a 3-car garage with studio space above, beautiful grounds, generous outdoor space, and 3-season porches on both levels for two of the units. Recent updates include a roof in 2013, Mass Save re-insulation in early 2023, and freshly painted exterior siding that adds to the property’s curb appeal and charm. Located close to historic New Salem center, approximately 1.5 miles to a Quabbin gate, 10 minutes to Route 2, and 20 minutes to Amherst. A truly unique income-producing property in a highly sought-after school district—perfect for investors or owner-occupants alike. Don’t miss this exceptional opportunity

This home has been viewed 14 times

Last Checked: June 8th, 2026 at 4:33am (Source: MLS PIN #73529005)

Gross Income: $39,000

Gross Expenses: $16,901

Net Income Calc: $22,099

Water Views

Annual Expenses for 1 South Main St, New Salem MA 01355

Total Gross Expenses (Calculated)$16,901/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5443

Annual Income & Unit Breakdown for 1 South Main St, New Salem MA 01355

Total Gross Income (Calculated)$39,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 1 South Main St, New Salem MA 01355

Listing ID73529005

Property TypeMulti Family / 3 Family

Price659900 ($146.64/SqFt)

Style3 Family

CityNew Salem

CountyFranklin

Neighborhood(s)

Approximate Living Area Total4500

Approximate Lot Size (Acres)0.91

Total Parking12 (3 Garage)

Garage Parking3

Year Built1730

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPrivate

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1 South Main St, New Salem MA 01355

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5A

ExclusionsRefrigerator And Some Personal Belongings

Financial Data SourceEstimated

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 South Main St, New Salem MA 01355

Real Estate Taxes5443

Tax Year2025

Assessed Value$400,800

Financial Data SourceEstimated

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 South Main St, New Salem MA 01355

Elementary SchoolSwift River

Middle SchoolMahar Middle

High SchoolMahar Reg Hs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1 South Main St, New Salem MA 01355

Agent

Name: Liza M. Hurlburt Melo

Office

Name: Four Columns Realty, LLC

Phone: 978-544-5100

Payment Calculator

, Interest

Property Taxes 453.58

Principal & Interest 4066.09

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Four Columns Realty, LLC

Liza M. Hurlburt Melo

Agent Phone

Office Phone

(978) 544-5100

Text Agent Call Agent Call Office

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    [unparsed] => 1 South Main St, New Salem MA 01355
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EXIT

38 More Photos

Active

1 South Main St, New Salem MA 01355

$659,900

Annual Expenses for 1 South Main St, New Salem MA 01355

Annual Income & Unit Breakdown for 1 South Main St, New Salem MA 01355

General Information for 1 South Main St, New Salem MA 01355

Disclosures for 1 South Main St, New Salem MA 01355

Financial Information for 1 South Main St, New Salem MA 01355

Location Information for 1 South Main St, New Salem MA 01355

Contact Information for 1 South Main St, New Salem MA 01355

Agent

Office

Payment Calculator

Exclusive Listing Agent

Four Columns Realty, LLC

Liza M. Hurlburt Melo