Residential Income

New Salem, MA Residential Income Properties for Sale

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Orange, MA Fletchers Landing Twp, ME Shutesbury, MA Wendell, MA Petersham, MA Athol, MA Dennis Port, MA Leverett, 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 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.

Residential Income Property
Residential Income Property

15 Blodgett Street, Orange, MA 01364

$244,900
2,753 sqft

The property includes kitchen appliances and 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 0.32 AC lot

Newer two-unit duplex with 5 bedrooms, 3.5 baths, in-unit laundry, and a 1-car garage in Athol.

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Updated Two-Family Home
Updated Two-Family Home

148 Sanders St, Athol, MA 01331

$425,000
2,300 sqft

Each unit offers 3 bedrooms and 1 full bath, with updated electrical, plumbing, new appliances, and replaced hot water heaters.

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

76 & 84 Daniel Shays Hwy, Orange, MA 01364

$549,900
3.50 AC lot

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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Secluded Land Parcel in Barre
Secluded Land Parcel in Barre

Station Rd, Barre, MA 01005

$55,500
1.86 AC lot

1.85-acre parcel on a private, dead-end road.

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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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Mixed-Use Industrial Waterfront Land
Mixed-Use Industrial Waterfront Land

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

81-acre offering with Pan Am rail-side and Otter River frontage, including multiple parcels at Mill Street.

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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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