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1 South Main St, New Salem MA 01355

New Salem, MA 01355
$659,900
Est. $3,990/month
9
Beds
3
Baths
4,500
Sq Ft
$147
Price/Sq Ft
0.91
Acres
1730
Year Built
3
Garage Spaces
37
Days on Market
Active Listed Jun 3, 2026 • MLS# 73529005 Copied! • Updated Jun 7, 2026

About this home

Rare opportunity to own the only 3-family property in New Salem! This well-maintained 1730 Colonial offers three spacious units, Each has a full bath, separate utilities, and washer/dryer hookups. One unit is currently vacant, creating an immediate opportunity for owner occupancy or market-rate rental income. The property also includes a 3-car garage with studio space above, beautiful grounds, generous outdoor space, and 3-season porches on both levels for two of the units. Recent updates include a roof in 2013, Mass Save re-insulation in early 2023, and freshly painted exterior siding that adds to the property’s curb appeal and charm. Located close to historic New Salem center, approximately 1.5 miles to a Quabbin gate, 10 minutes to Route 2, and 20 minutes to Amherst. A truly unique income-producing property in a highly sought-after school district—perfect for investors or owner-occupants alike. Don’t miss this exceptional opportunity

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Property History

Property Timeline

🏠
Listed for Sale
Jun 3, 2026
$659,900
Original listing
Agent: Liza M. Hurlburt Melo Office: Four Columns Realty, LLC

Tax History

Year Taxes Assessment
2025 $5,443 $400,800

Financial Details

Annual Property Tax
$5,443
Tax Year 2025
Assessed Value
$400,800

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1730
Living Area 4,500 sq ft
Lot Size 0.91 acres
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $1,700/mo · N
Unit 2 Rent $1,550/mo · N
Total Monthly Rent $3,250/mo
Gross Income $39,000
Net Operating Income $27,542
Operating Expenses $11,458
Electric Expense $144
Insurance Expense $6,749
Cap Rate 4.17%
Heating None
Cooling None
Flooring Wood, Carpet, Varies
Appliances Range, Refrigerator
Fireplace Wood Burning
Fireplaces 2
Basement Partial, Bulkhead
Laundry Washer Hookup
Features Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom, Office/den
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Stone Wall
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Patio
Garage Spaces 3
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 9
Electric 110 Volts, 220 Volts, 200+ Amp Service
Water Private
Sewer Private Sewer
Gas None
Other For Electric Range, Washer Hookup

Financial

Annual Tax $5,443
Assessed Value $400,800
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyer(s) To Verify All Info. Listing Also Includes Parcel Across The Street, 0 Millington Rd. .24 Acres ( Septic On This ) One Seller Is A Licensed Massachusetts Real Estate Agent
Possession None
Accepted Financing None
Structure Type []
House Color Beige
Sq Ft Source Public Record
Documents None
County Franklin
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1730
Bedrooms
9
Full Bathrooms
3
Living Area
4,500 sq ft
Total Rooms
18
Stories
6
Levels
6

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Carpet, Varies
Appliances: Range, Refrigerator
Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom, Office/Den
Windows:
Basement: Partial, Bulkhead
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1730
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block, Stone
Stories: 6

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Oil, Tankless
Water Source: Private
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Stone Wall
Patio & Porch: Enclosed, Patio
Fencing:
Other Structures:
Lot Features: Corner Lot, Cleared
Road Surface: Paved

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 9
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
Community Amenities: Walk/Jog Trails, Stable(s), Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
School District
New Salem-Wendell School District local
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

Elementary Schools

1 school
C-
Swift River School
1.8 mi | #733 of 824 | Score: 33.5
Dropped 167 spots from last year
-24.7 below state avg
134 students Less Diverse
Grades PK-06
Learn about these ratings

Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $454
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
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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.

Location

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Neighborhood

1 South Main St, New Salem MA 01355

New Salem, MA 01355

Listing Information

Listing Agent Liza M. Hurlburt Melo
Listing Office Four Columns Realty, LLC
Office Phone 978-544-5100
Agent MLS ID H8000557
Office MLS ID H95126
Listing Data Updated Jun 7, 2026 4:05 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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