7 Forrester St

3,748 Sq. Ft.
$340 / Sq. Ft.
3,748
Sq. Ft.
$340
per Sq. Ft.

Description

Discover the perfect blend of historic Salem charm and modern convenience in this beautifully maintained 3-family home just steps from Salem Common. Each spacious unit offers 2 bedrooms, high 9-foot ceilings, and an abundance of natural light that highlights the home’s character—including oak and pine flooring, detailed mouldings, and two bay windows in both Units 1 and 2. The first and second floors also feature fireplaces (condition unknown), adding architectural appeal and potential for restoration....Discover the perfect blend of historic Salem charm and modern convenience in this beautifully maintained 3-family home just steps from Salem Common. Each spacious unit offers 2 bedrooms, high 9-foot ceilings, and an abundance of natural light that highlights the home’s character—including oak and pine flooring, detailed mouldings, and two bay windows in both Units 1 and 2. The first and second floors also feature fireplaces (condition unknown), adding architectural appeal and potential for restoration. All three units have updated kitchens and baths, offering a move-in-ready experience for occupants or a low-maintenance opportunity for investors. Outside, enjoy a nice yard perfect for gardening, relaxation, or tenant use, along with off-street parking for two cars in the private driveway—an invaluable benefit in this desirable Salem neighborhood. Located close to the commuter rail & downtown.
  1. Listed by Armstrong Field Team • Aluxety
  2. Listed by Jim Armstrong • Aluxety

Property Details for 7 Forrester Street

Town
Salem
MLS Area
Downtown
Area
MA-Salem-Downtown, MA-Salem
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 01/28/2026 03:05 PM

Property Details for 7 Forrester Street

StatusBack On Market
MLS #73461588
Days on Market7
Taxes$13,740 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1886
CountyEssex County

Location

Listing Courtesy of Aluxety, Armstrong Field Team; Aluxety, Jim Armstrong
Add your commute

Building Information for 7 Forrester Street

Stories3Residences3Year Built1886Building Size-Lot Size0.11 AC / 4,922 SF

Payment Calculator

$7,359 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,214

Property Taxes

$1,145

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Forrester Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station
  • Living Area: 3748.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator, Dishwasher
  • Basement Features: Full, Sump Pump, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Wood, Hardwood, Pine
  • Interior Features: Laundry Room, Living Room, Dining Room, Kitchen
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
  • Waterfront Features: 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Electric, Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 1 is Tenant at will,and will remain in place at closing. Units 2 & 3 are vacant. Condition of fireplaces unknown.
Tax Information
  • Tax ID: M:35 L:0479,2136951
  • Assessments: $1,211,600
  • Book: 17567
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Levels: 3
  • Heat Units: 3
Income / Expenses
  • Electricity: $200.00
  • Annual Expenses Source: Owner
  • GOI: $84,000.00
  • Insurance: $2,500.00
  • GRE: $5,100
  • RFS: $900
  • NOI: $84,000.00
  • Operating Expense: $5,100.00
  • WSE: $1,500.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,000.00

Property History for 7 Forrester Street

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Listed (Active)

MLS PIN #73461588

$1,275,000
Aug 24, 2001

Sold (Public Record)

Public Record #87250874

$439,900

+20.0% / yr

Aug 24, 2001

Sold

MLS PIN #30508135

$439,900
May 24, 2001

Contingent

MLS PIN #30508135

May 23, 2001

Listed (Active)

MLS PIN #30508135

$449,900
Sep 22, 1997

Sold (Public Record)

Public Record #87226331

$215,000
Sep 22, 1997

Sold

MLS PIN #30169174

$215,000
Jul 9, 1997

Contingent

MLS PIN #30169174

Jun 12, 1997

Listed (Active)

MLS PIN #30169174

$229,900
DateEvent & SourcePrice
12/11/2025

Listed (Active)

MLS PIN #73461588

$1,275,000
08/24/2001

Sold (Public Record)

Public Record #87250874

$439,900

+20.0% / yr

08/24/2001

Sold

MLS PIN #30508135

$439,900
05/24/2001

Contingent

MLS PIN #30508135

05/23/2001

Listed (Active)

MLS PIN #30508135

$449,900
09/22/1997

Sold (Public Record)

Public Record #87226331

$215,000
09/22/1997

Sold

MLS PIN #30169174

$215,000
07/09/1997

Contingent

MLS PIN #30169174

06/12/1997

Listed (Active)

MLS PIN #30169174

$229,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7 Forrester Street

Taxable ValueLand$251,500Additions$960,100Total$1,211,600
Tax Record2025$13,740 ($1,145 / month)
Home Facts
Baths3Total Finished SqFt3,748 SqFtAbove Grade Finished SqFt3,748 SqFtUnfinished Basement SqFt1,510 SqFtStories3Lot Size4,922 SqFtStyleTriplexYear Built1886ZoningR2CountyESSEXAPNSALE M:35 L:0479

Schools near 7 Forrester Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory School
PublicPK to 5

Bates Elementary School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7 Forrester Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on December 11, 2025 by Aluxety, it's currently listed at $1,275,000. It has been on the market for a total of 7 days and was last sold on August 24, 2001. This listing's school district is Salem School District. Nearby schools include Horace Mann Laboratory School, Bates Elementary School and Carlton Elementary School. 7 Forrester Street is a 6-bed, 3-bath, 3,748 sqft multi-family home built in 1886.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Aluxety, Armstrong Field Team; Aluxety, Jim Armstrong

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.