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364-366 Essex Street contains one (1) 2-Bedroom/1-Bathroom unit, five (5) 1-Bedroom/1-Bathroom units, one (1) 2-Room Studio unit, and two (2) Studio units with 7,033 square feet of gross living area in 9,044 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features four (4) off-street parking spaces. Located in the heart of downtown Salem, 364-366 Essex Street benefits from one of the North Shore's most desirable apartment markets, supported by a diverse employment base, exceptional walkability, and year-round visitor activity. The Landlord is responsible for providing oil powered heat & electric powered hot water to both buildings. The Landlord provides common area electricity to both buildings, as well as unit electric to 364 Essex, while Tenants at 366 Essex pay their own unit electric. The Landlord is responsible for providing city water & sewer to all units. The opportunity exists to acquire a well-maintained asset in a desirable North Shore location.

MLS Listing ID: 73561757
Listing Price: $2,200,000
Listing Status: New [?]
Property Type: Multi Family
Bedrooms: 10
Full Baths: 9
Living Space: 7033 sf.
Lot Size: 0.13 acres (5662 sf.)
Parking: Yes
Taxes: $21,830.00
Tax Year: 2026

Listing Current as of August 14, 2026 11:11pm

This listing brought to you by Stephen Girolamo of Horvath & Tremblay.

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