4 Upham St, Salem, MA 01970

• 6 beds |
• 3 baths |
• 2,909 sqft

Property Description

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 Status:

Active

Date Added:

October 16, 2026

Data Last Updated:

October 26, 2026 at 5:06PM

Listing Office:

North Shore Realty : 978-922-6765

Listing Agent:

Jennifer L. Ward : 978-922-6765

MLS ID:

73591802

Interior

• Appliances: Gas Water Heater
• Basement: FullUnfinished
• Flooring: PlywoodParticle Board
• A/C: Window Unit(s)None
• Heating: BaseboardNatural Gas
• Fireplace: FireplaceFireplaces: 2

Exterior

• Style: Colonial
• Parking: Paved DriveParking spaces: 8

Construction

• Roofing: Shingle
• General: FrameStone

Location

• Originating MLS: MLS Property Information Network
• County: Essex

Lot

• Zoning: R2M:0027 B:0332 L:00002133306

Utilities

• Utilities: Circuit Breakers
• Water: PublicPrivate
• Sewer: Public Sewer

Financial

• Source: MLS Property Information Network