1 South Main St, New Salem MA 01355
New Salem, MA 01355
$659,900
Est. $3,990/month
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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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 3, 2026
$659,900
Original listing
Agent: Liza M. Hurlburt Melo
Office: Four Columns Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/03/2026 | 🏠 Listed for Sale | $659,900 | - | - | Original listing |
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%
Interior
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
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters, Stone Wall
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed, Patio
Parking
Garage Spaces
3
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
9
Utilities
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
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
Additional Details
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,500 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed, Patio
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
Nearby Schools
School District
New Salem-Wendell School District local
School Safety
2024-25
0.0%
Very Low (Safest)
5.5% below state avg
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
$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
$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
$0/mo
Cost $0/mo
Payment Over Time
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. 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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