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About this property
Rare opportunity to own the only 3-family property in New Salem! This well-maintained 1730 Colonial offers three spacious units, Each has a full bath, separate utilities, and washer/dryer hookups. One unit is currently vacant, creating an immediate opportunity for owner occupancy or market-rate rental income. The property also includes a 3-car garage with studio space above, beautiful grounds, generous outdoor space, and 3-season porches on both levels for two of the units. Recent updates include a roof in 2013, Mass Save re-insulation in early 2023, and freshly painted exterior siding that adds to the property’s curb appeal and charm. Located close to historic New Salem center, approximately 1.5 miles to a Quabbin gate, 10 minutes to Route 2, and 20 minutes to Amherst. A truly unique income-producing property in a highly sought-after school district—perfect for investors or owner-occupants alike. Don’t miss this exceptional opportunity
Property details
| Units | 3 |
| Living area | 4,500 sqft |
| Lot size | 39,639 sqft |
| Year built | 1730 |
| Price / sqft | $147 |
| County | Franklin |
| MLS # | 73529005 |
Listing status
| Days on market | 4 days |
| Listed on | June 3, 2026 |
Taxes & financials
| Annual property tax | $5,443 |
| Tax year | 2025 |
| Assessed value | $400,800 |
| Zoning | R |
| Gross income (actual) | $39,000/yr |
| Net operating income (actual) | $27,542/yr |
| Total actual rent | $3,250/mo |
| Electric expense | $144/yr |
| Insurance expense | $6,749/yr |
Building & lot
| Stories | 6 |
| Total rooms | 18 |
| Lot size | 0.91 acres |
| Garage spaces | 3 |
| Parking spaces | 9 |
| Parking | Paved Drive, Off Street |
| Basement | Partial, Bulkhead |
| Foundation | Block, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Carpet, Varies |
Utilities & systems
| Sewer | Private Sewer |
| Water | Private |
| Utilities | for Electric Range, Washer Hookup |
| Appliances | Range, Refrigerator |
Location
Listing courtesy of Four Columns Realty, LLC — Liza M. Hurlburt Melo. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 1 South Main St, New Salem MA 01355 have?
It is a 3-unit multi-family property with 4,500 sqft of living area, built in 1730.
How long has 1 South Main St, New Salem MA 01355 been on the market?
1 South Main St, New Salem MA 01355 has been listed for 4 days (since June 3, 2026).
What are the property taxes on 1 South Main St, New Salem MA 01355?
Annual property taxes are $5,443 (2025), on an assessed value of $400,800.
What is the price per square foot?
At $659,900 for 4,500 sqft, that's about $147 per square foot.
Is there parking?
3 garage spaces and 9 total parking spaces (paved drive, off street).
Where is this property located?
1 South Main St, New Salem MA 01355 is in New Salem, Franklin County, MA 01355.