5 Herbert St, Salem, MA 01970

Local realty services provided by:ERA Hart Sargis-Breen Real Estate
5 Herbert St,Salem, MA 01970
$850,000
  • 3 Beds
  • 3 Baths
  • 2,590 sq. ft.
  • Multi-family
  • Active
Listed by: tina mcmanus
Office: j. barrett & company
MLS#:73456655
Source:MLSPIN

Price summary

  • Price:$850,000
  • Price per sq. ft.:$328.19

About this home

EASY TO OWN — Well-Maintained 3-Unit Apartment Building in a Prime Location. A solid investment opportunity in an area tenants love. This well-kept 3-unit property features three one-bedroom, one-bath apartments, each with a living room and kitchen. Just moments from the train, the wharf, Salem Common, the museum, and downtown shops and restaurants—making it highly desirable for renters. Property Features: Coin-op washer and dryer in the basement, individual FHW gas heating units (installed approximately 4 years ago), tandem parking for two cars, plus on-street permit parking, newer carpets, and replacement of some windows and skylights on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings: Group showings by appointment only. Please allow 48 hours for responses to offers.

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Home facts

  • Year built:1864
  • Listing ID #:73456655
  • Updated:November 20, 2025 at 08:52 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,590 sq. ft.

Heating and cooling

  • Heating:Baseboard, Individual, Natural Gas, None, Unit Control

Structure and exterior

  • Roof:Shingle
  • Year built:1864
  • Building area:2,590 sq. ft.
  • Lot area:0.04 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$328.19
  • Tax amount:$8,406 (2025)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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