MLS #73544671 image #0
The perfect blend of historic Salem meeting modern living at a cost that make too much sense not to look into acquiring this lovely home. With easy access to the Salem Commons, Downtown, Collins Cove and the Willows and everything else Salem has to offer.This property features a 1st floor unit with a modern kitchen and bath. /it has two bedrooms and a living room that has a working fireplace. The 2nd unit has three bedrooms , a large living and dining area and an eat in kitchen. It has an inviting fenced in yard great for entertaining and cookouts. It has 4 parking spots. Come Unit 1 will be delivered vacant. Unit 2 has a lease until 6/30/27 check out this gem.Use 44 Essex st for your GPS. Home is located in rear take the driveway to the back parking lot.
Current real estate data for Multi Family in Salem as of Oct 12, 2026
20
Multi Family Listed
129
Avg DOM
320
Avg $ / SqFt
$1,406,585
Avg List Price

Property Details

Price:
$799,000
MLS #:
73544671
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Listed Date:
Jul 5, 2026
Finished Sq Ft:
1,920
Total Sq Ft:
1,920
Year Built:
1850
Units:
2

Schools

Interior

Above Grade Finished Area
1920
Bathrooms
2 Full Bathrooms
Fireplaces Total
2
Levels
3

Exterior

Lot Features
Level
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Stories
3
Waterfront Features
Ocean, 3/10 to 1/2 Mile To Beach

Financial

Net Operating Income
$36,000
Tax Year
2026
Taxes
$8,227

Map

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Property Summary

    46 1/2 Essex St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $799,000 To schedule a showing of MLS#73544671 at 46 1/2 Essex St in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
46 1/2 Essex St
Salem, MA