$10,000 Closing Credit¹
#73354049, Kevin Benzinger, Listing Office: Boston Realty Advisors
$2,125,000 List price
8-8.5 Herbert St Salem, MA 01970
$10,000
Closing credit¹
9 beds
9 full
7,452 sqft
0.06 acres
$285 / sqft
Multi-Family
Property details
About 8-8.5 Herbert St
We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and management efficiencies. The property features unique finishes due to the historic nature offering residents a unique product in the area. The property is ideally located in a quiet residential neighborhood that is a short walk to Salem Harbor and other local attractions such as the restaurants and boutiques that make up the area.
Highlights
Home typeMulti Family
StatusActive
(New)
(New)
Size7,452 sqft
Lot size0.06 Acres
Year built1850
MLS #73366028
WaterfrontBeach, Harbor, Other
Summary
- Full Bathrooms: 9
- Appliances: Refrigerator
- Interior: Living Room, Kitchen
- Total Bedroom Count: 9
- Waterfront: Beach, Harbor, Other
- List Price: $2,125,000
- Price/SqFt: $285
- Lot: Other
- Directions: 8-8.5 Herbert Street Salem, MA 01970
- Year Built: 1850
- Stories: 3
- Living Area: 7,452 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73366028
- MLS Name: MLS Property Information Network
- Office Name: Boston Realty Advisors
- Office Phone: (617) 375-7900
- Listing Agent: Kevin Benzinger
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,125,000
8-8.5 Herbert St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
3
Bentley Academy Innovation School
Public District KG-5
0.7 mi
•25 Memorial Dr
4
Carlton
Public District KG-5
0.7 mi
•10 Skerry St
5
Bates
Public District KG-5
1.3 mi
•53 Liberty Hill Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,799. Most Salem, MA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
47%
35k-100k
28%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
3%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
2%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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This home is located at 8-8.5 Herbert St in Salem, MA and zip code 01970. This 7,452 square foot home, which was built in 1850, sits on a 0.06 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $2,125,000.
Over 24 listings were sold over their listed price in March 2025 in Salem, MA. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price. In March 2025 in Salem, MA there were 40.3% more homes for sale than in February. Listings spent 29 days on the market in March 2025, and had a median list price of $600,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.