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 owner's townhouse style unit and Airbnb the second unit on the first floor 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! ATTN: Contractors here is your winter project. Property is also crossed listed as a multi family under MLS# 73589214. This property offers an exceptional owner-occupied opportunity with income potential. The 2nd and 3rd floors feature a spacious owner’s unit with 4–5 bedrooms and 3-bath potential, while the first floor offers 2–3 bedrooms and 2-bath potential. Ideal for buyers using a 203K construction loan looking to customize and build equity. Airbnb income in Salem is extraordinary — October alone can exceed $30K, and this home is within walking distance to downtown, making it a prime location for short-term rental demand.
This home has been viewed 7 times
Last Checked: October 21st, 2026 at 5:03am (Source: MLS PIN #73591802)
Air Conditioning
Waterview
Lead Paint Free
General Information for 4 Upham St, Salem MA 01970
Listing ID73591802
Property TypeSingle Family / Detached
Price$725,000 ($249.23/SqFt)
StyleColonial
CitySalem
CountyEssex
Neighborhood(s)Ipswich
Garage Parking0
ZoningR2
Year Built1870
Year Built SourcePublic Records
Year Built DetailsApproximate
Interior Features for 4 Upham St, Salem MA 01970
Approximate Living Area Total2909
Living Area Includes BasementNo
Rooms12
Bedrooms6
Primary En Suite BathroomYes
BasementFull
CoolingSplit
Fireplaces
AppliancesRange
FlooringTile
Electric220 Volts
Exterior Features for 4 Upham St, Salem MA 01970
Approximate Lot Size (Acres)0.07
Approximate Lot Size (Square Feet)3149
Total Parking8
Garage Parking0
WaterPublic,private
SewerPublic Sewer
Lot Features
Parking Features1
Exterior Features
Foundation Materials
Construction MaterialsFrame
Road Frontage Type
Patio & Porch
Roof MaterialAsphalt/fiberglass Shingles
Utility Connections
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Pool Features
Horse Permitted0
Horse Amenities
Disclosures for 4 Upham St, Salem MA 01970
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Special Listing Conditions
ExclusionsSurveillance Devices
Compensation Based On
Financial Information for 4 Upham St, Salem MA 01970
Association Fee
Association Fee Frequency
Association Fee Includes
Real Estate Tax7627
Tax Year2026
Assessed Value$707,500
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