Multifamily

New Salem, MA Multifamily Properties for Sale

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Orange, MA Shutesbury, MA Petersham, MA Athol, MA Dennis Port, MA Leverett, MA Erving, MA Phillipston, MA
Three-Unit Residential Income Property
Updated: Jun 3
Three-Unit Residential Income Property

1 South Main St, New Salem, MA 01355

$659,900
4,500 sqft
3‑family Colonial built in 1730 with three units, each with a full bath and separate utilities
Separate washer/dryer hookups for each unit; one unit is currently vacant
3‑car garage with studio space above
3‑season porches on both levels for two of the units
Recent updates: roof (2013), Mass Save re‑insulation (early 2023), and freshly painted exterior siding
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Duplex on Acreage
Historic Duplex on Acreage

1386 Pleasant Street, Athol, MA 01331

$399,000
2,766 sqft 41.10 AC lot

Historic duplex property with substantial land, documented heritage, and convenient access to nearby community services.

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Five-Unit Apartment Building
Five-Unit Apartment Building

1 Cheney Street, Orange, MA 01364

$590,000
2,920 sqft

Fully occupied apartment property with separate utilities and paved off-street parking.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

45 Chestnut St, Athol, MA 01331

$474,900
2,346 sqft

Newer construction includes stainless-steel appliances and laundry in both residences.

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Income-Producing Property with Mobile Home
Income-Producing Property with Mobile Home

76 & 84 Daniel Shays Highway, Orange, MA 01364

$499,900

Income-generating property featuring homes and a mobile home park.

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New Salem, MA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in New Salem, MA on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $659,900.

Sale prices for multifamily properties in New Salem, MA average $659,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 1

Demographics Overview

Population 963
Population Growth (5Y) +1.5%
Median Household Income $80,327
College Educated 49.7%

High-Yield Neighborhoods for Investment

Identify New Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01355 $659.9K

Taxes & Financing

Tax Rate (average for all types) 1.44%
Property Tax per SF $30.80 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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