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401 Essex, Salem MA 01970

Salem, MA 01970
$2,500,000
Est. $14,322/month
9
Beds
7
Baths
4,997
Sq Ft
$500
Price/Sq Ft
0.12
Acres
1815
Year Built
6 hours 43 minutes
Time on Market
Active Listed Jun 15, 2026 • MLS# 73535855 Copied!

About this home

Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick six-family property (plus carriage house) built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1815
Bedrooms
9
Full Bathrooms
7
Living Area
4,997 sq ft
Total Rooms
18
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1815
Living Area 4,997 sq ft
Lot Size 0.12 acres
Bedrooms 9
Full Baths 7
Total Rooms 18

Interior

Heating Baseboard, Natural Gas, Hot Water, Oil
Cooling Window Unit(s)
Flooring Wood, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Fireplaces 6
Basement None
Laundry None
Features Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Remodeled, Living Room, Kitchen

Exterior

Construction Frame, Brick
Architecture None
Roof Shingle, Slate, Rubber
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $17,770
Assessed Value $1,363,000

Interior Features

Flooring: Wood, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1815
Structure Type:
Exterior Materials: Frame, Brick
Roof: Shingle, Slate, Rubber
Foundation: Concrete Perimeter, Block, Granite
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Hot Water, Oil
Cooling: Window Unit(s)
Hot Water: Oil, Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Special Features

Fireplaces: 6
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station

Location

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Neighborhood

401 Essex, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
0.3 mi
Grades PK-08
The Greenhouse School
1.5 mi
Grades PK-08
B-
Saltonstall School
0.8 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
0.8 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
0.8 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B+
Bates School
1.2 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Carlton School
1.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
1.5 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.5 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
0.3 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
0.9 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,481
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 15, 2026
$2,500,000
Original listing
Agent: Francesca Little Office: Little & Co., REALTORS®

Price & Status History

Date Event Price Change
Jun 15, 2026 New Listing Added $2,500,000

Market Statistics

Time on Market
6 hours 43 minutes
Price per Sq Ft
$500

Tax History

Year Taxes Assessment
2025 $17,770 $1,363,000

Financial Details

Annual Property Tax
$17,770
Tax Year 2025
Assessed Value
$1,363,000

Listing Information

Listing Agent Francesca Little
Listing Office Little & Co., REALTORS®
Agent MLS ID CN234756
Office MLS ID C67600
Listing Data Updated Jun 15, 2026 8:59 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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