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4 Upham St, Salem MA 01970

$725,000

Estimated $1,811/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $362,500

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2909

Total Parking: 10

3,149 (0.07)

A true diamond in the rough and an incredible income-producing opportunity in desirable North Salem, just minutes from major highways and the beautiful North River. This oversized 2-family home offers historic 1800s charm blended with modern essentials — including vinyl siding, replacement windows, separate utilities, paved lot, plenty of parking and an impressive 6–8 bedrooms with 2.5 baths spanning three full floors. The original winding staircase, fireplaces, and period details set the stage for your vision, creativity, and TLC to bring this property back to life. The income potential is exceptional. Live in one unit and Airbnb the second or explore additional value-add options such as a 203K renovation loan or condo conversion. The possibilities are truly endless. Homes like this don’t come along often — come see today and unlock the potential of this North Salem money maker!

This home has been viewed 3 times

Last Checked: October 10th, 2026 at 6:53pm (Source: MLS PIN #73589214)

Gross Income: $0

Gross Expenses: $7,627

Net Income Calc: $7,627

Water Views

Annual Expenses for 4 Upham St, Salem MA 01970

Total Gross Expenses (Calculated)$7,627/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7627

Annual Income & Unit Breakdown for 4 Upham St, Salem MA 01970

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 4 Upham St, Salem MA 01970

Listing ID73589214

Property TypeMulti Family

Price725000 ($249.23/SqFt)

StyleMulti Family

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2909

Approximate Lot Size (Acres)0.07

Total Parking10

Garage Parking0

Year Built1870

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic,individual Meter

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 4 Upham St, Salem MA 01970

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsHot Tub Is Not Staying!

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 4 Upham St, Salem MA 01970

Real Estate Taxes7627

Tax Year2026

Assessed Value$707,500

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 4 Upham St, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 4 Upham St, Salem MA 01970

Agent

Name: Jennifer L. Ward

Office

Name: North Shore Realty

Phone: 978-922-6765

Payment Calculator

, Interest

Property Taxes 635.58

Principal & Interest 4467.22

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

North Shore Realty

Jennifer L. Ward

Agent Phone

Office Phone

(978) 922-6765

Text Agent Call Agent Call Office

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    [description] => A true diamond in the rough and an incredible income-producing opportunity in desirable North Salem, just minutes from major highways and the beautiful North River. This oversized 2-family home offers historic 1800s charm blended with modern essentials — including vinyl siding, replacement windows, separate utilities, paved lot, plenty of parking and an impressive 6–8 bedrooms with 2.5 baths spanning three full floors. The original winding staircase, fireplaces, and period details set the stage for your vision, creativity, and TLC to bring this property back to life. The income potential is exceptional. Live in one unit and Airbnb the second or explore additional value-add options such as a 203K renovation loan or condo conversion. The possibilities are truly endless. Homes like this don’t come along often — come see today and unlock the potential of this North Salem money maker!
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    [unparsed] => 4 Upham St, Salem MA 01970
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EXIT

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