401 Essex, Salem MA 01970

Salem, MA 01970

$2.31M

9 BD · 7 BA · 4,997 sf · 0.12 ac · Built 1815

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The residence

Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.

At a glance

Property type: 5-9 Family
Status: Active
Year built: 1815
Lot size: 0.12 acres
Living area: 4,997 sf
MLS#: bf273d933ff42d48363b29532fa73a3c
Beds · Baths: 9 · 7

Location

Salem, MA.

Salem, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+

$11K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$2.31M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Little & Co., REALTORS® · MLSPIN

MLS Property Information Network.The property listing data and information 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 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 set forth herein.

Listings updated Sep 26, 2026

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