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New · ActiveListed 3 days ago

$725,000

4 Upham St, Salem, MA 01970

6
beds
2.5
baths
2,909
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
3,149 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1870
On the marketDays since the home was listed. New listings tend to move fastest.
3 days ago
Property type
Single Family Residence
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$249
ParkingSpaces that come with the home, as reported to the MLS.
8 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$7,627

What’s Special

A true diamond in the rough and an incredible income-producing opportunity in desirable North Salem, just minutes from major highways and the beautiful North River. This oversized 2-family home offers historic 1800s charm blended with modern essentials — including vinyl siding, replacement windows, separate utilities, paved lot, plenty of parking and an impressive 6–8 bedrooms with 2.5 baths spanning three full floors. The original winding staircase, fireplaces, and period details set the stage for your vision, creativity, and TLC to bring this property back to life. The income potential is exceptional. Live in owner's townhouse style unit and Airbnb the second unit on the first floor or explore additional value-add options such as a 203K renovation loan or condo conversion. The possibilities are truly endless. Homes like this don’t come along often — come see today and unlock the potential of this North Salem money maker! ATTN: Contractors here is your winter project. Property is also crossed listed as a multi family under MLS# 73589214. This property offers an exceptional owner-occupied opportunity with income potential. The 2nd and 3rd floors feature a spacious owner’s unit with 4–5 bedrooms and 3-bath potential, while the first floor offers 2–3 bedrooms and 2-bath potential. Ideal for buyers using a 203K construction loan looking to customize and build equity. Airbnb income in Salem is extraordinary — October alone can exceed $30K, and this home is within walking distance to downtown, making it a prime location for short-term rental demand.

Listing courtesy of Jennifer L. Ward, North Shore Realty · MLS PIN #73591802

Facts & Features

Status
New
Active status flag
Active
Bedrooms
6
Bathrooms
2 full, 1 half
Living area
2,909 sqft

Parking

1
  • Paved Drive

Heating

2
  • Baseboard
  • Natural Gas

Cooling

2
  • Window Unit(s)
  • None

Appliances

1
  • Gas Water Heater

MLS PIN #73591802 · Listed October 16, 2026

Location

4 Upham St, Salem · All Salem homes

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, landlords 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, leasing or renting 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, leasing or renting. 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.

$725,000

4 Upham St

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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, landlords 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, leasing or renting 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, leasing or renting. 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.