2-4 Saunders St, Salem, MA 01970 (MLS # 73592435)
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2-4 Saunders Street is a six-unit multifamily investment in Salem's historic Bridge Street Neck neighborhood. Offered for the first time in more than 20 years, the property combines distinctive architectural character with value-add potential. Originally constructed in 1873 as the Arthur & George Phippen Double House, the Italianate-style building contains 8,792± square feet of total building area and 5,795± square feet of rentable living area. The unit mix includes one (1) one-bedroom apartment, four (4) one-bedroom-plus-office apartments, and one (1) two-bedroom, 1.5-bathroom townhome. The residences feature spacious layouts, high ceilings, abundant natural light, and hardwood floors. Coin-operated laundry provides supplemental income, while basement storage offers an additional revenue opportunity. Within walking distance of public transportation, neighborhood restaurants, Salem Common, Downtown Salem, and the waterfront, the property offers convenient access to the city's primary amenities and enduring rental appeal.
| LAST UPDATED | 10/19/2026 | YEAR BUILT | 1800 |
|---|---|---|---|
| COUNTY | Essex | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| BASEMENT | Full, Yes |
| HEAT | Oil |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 7 |
| TAXES | 17023 |
| WATER | Public |
| WATERFRONT DESCRIPTION | Ocean Front |
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Listing provided by Dan Pouladian, North Shore Realty Advisors
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