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Listed price in listed location currency (USD).
$2,099,900

1966

MLS® 73535621

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7044 sqft
Garage 
Taxes $16,019
Days Active 0
Lot Size 0.16 Acres
Approx. Age 1915
Avg. Price Per Sqft $298
MLS® Number 73535621

Property Address: 19 Palmer St, Salem, MA, 01970

Average square foot calculated using Size range provided by listing agent.

Description

MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248, 724 in gross annual income and over $200, 000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental demand and stable income potential. Additional income is generated through on-site laundry and storage. Conveniently located near the MBTA Commuter Rail with easy access to Boston and Salem's vibrant downtown, waterfront, restaurants, shopping, and entertainment. Excellent opportunity for investors seeking immediate cash flow, strong in-place income, and long-term upside potential.
MLS® Number73535621
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementUnfinished
DrivewayDeeded
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 13, 2026List Date
$2,099,900List Price
  • Commute

Commute

Starting Address
Destination Address
19 Palmer St, Salem, MA

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