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    New Salem, MA
    Residential Income

    New Salem, MA Residential Income 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    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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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Historic Schoolhouse Redevelopment Opportunity
    Historic Schoolhouse Redevelopment Opportunity

    314 Sanders St, Athol, MA 01331

    $279,900
    9.62 AC lot

    9.62-acre lot with approved condo conversion plans.

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    Two Acre Parcel Near Lake
    Two Acre Parcel Near Lake

    277 River Dr, Hadley, MA 01035

    $259,000
    2.00 AC lot

    Two-acre parcel with public utilities and lake access.

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    Industrial Land with Rail and River Frontage
    Industrial Land with Rail and River Frontage

    12 Lots For Sale on Mill Street lot: 284, 285, 62, 64, 65, 66, 67, 68, 69, 70, 71, 72, Templeton, MA 01436

    $50,000
    81.00 AC lot

    Mixed-use acreage offers public water and sewer service.

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    Village District Waterfront Land Parcel
    Village District Waterfront Land Parcel

    Mill Street lot: 284, 285 & 62, Templeton, MA 01436

    Contact for pricing
    1.60 AC lot

    Waterfront land package offers approximately 195 feet of deep water frontage on the Otter River under Village District zoning.

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    New Salem, MA Residential Income Properties Market Trends and Statistics

    Explore 1 residential income 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 residential income 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

    Multifamily properties 1
    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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