7 Forrester St, Salem MA 01970

Salem, MA 01970 • Downtown
$1,275,000
Est. $7,792/month
6
Beds
3
Baths
3,748
Sq Ft
$340
Price/Sq Ft
0.11
Acres
1886
Year Built
1
Days on Market
Active Open House Listed Dec 11, 2025 • MLS# 73461588 Copied!

About this home

Discover the perfect blend of historic Salem charm and modern convenience in this beautifully maintained 3-family home just steps from Salem Common. Each spacious unit offers 2 bedrooms, high 9-foot ceilings, and an abundance of natural light that highlights the home’s character—including oak and pine flooring, detailed mouldings, and two bay windows in both Units 1 and 2. The first and second floors also feature fireplaces (condition unknown), adding architectural appeal and potential for restoration. All three units have updated kitchens and baths, offering a move-in-ready experience for occupants or a low-maintenance opportunity for investors. Outside, enjoy a nice yard perfect for gardening, relaxation, or tenant use, along with off-street parking for two cars in the private driveway—an invaluable benefit in this desirable Salem neighborhood. Located close to the commuter rail & downtown. First showings at OPEN HOUSES - SAT& SUN, 11-12:30.

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1886
Bedrooms
6
Full Bathrooms
3
Living Area
3,748 sq ft
Total Rooms
16
Stories
3
Levels
3

Open House Schedule

14
Dec
Sunday, December 14
11:00 AM - 12:30 PM EST
13
Dec
Saturday, December 13
11:00 AM - 12:30 PM EST

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1886
Living Area 3,748 sq ft
Lot Size 0.11 acres
Bedrooms 6
Full Baths 3
Total Rooms 16

Interior

Heating Electric, Natural Gas, Baseboard
Cooling None
Flooring Wood, Hardwood, Pine
Appliances Range, Refrigerator, Dishwasher
Fireplace None
Fireplaces 2
Basement Full, Sump Pump, Concrete
Laundry Electric Dryer Hookup, Washer Hookup
Features Laundry Room, Living Room, Dining Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $13,740
Assessed Value $1,211,600

Interior Features

Flooring: Wood, Hardwood, Pine
Appliances: Range, Refrigerator, Dishwasher
Interior Features: Laundry Room, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Sump Pump, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1886
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Electric, Natural Gas, Baseboard
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station

Location

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Neighborhood

Downtown

7 Forrester St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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After down payment
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,145
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

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Current Rate
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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

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Dec 13, 2025
New showing requirements
👁️
Showing Instructions Updated
Dec 11, 2025
New showing requirements
🏠
Listed for Sale
Dec 11, 2025
$1,275,000
Original listing
Agent: Armstrong Field Team Office: Aluxety

Price & Status History

Date Event Price Change
Dec 11, 2025 New Listing Added $1,275,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$340

Tax History

Year Taxes Assessment
2025 $13,740 $1,211,600

Financial Details

Annual Property Tax
$13,740
Tax Year 2025
Assessed Value
$1,211,600

Listing Information

Listing Agent Armstrong Field Team
Listing Office Aluxety
Agent MLS ID TEAM0455
Office MLS ID AN8387
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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