Located on a quiet side street just moments from downtown Salem, this deleaded three-family property presents an outstanding investment opportunity with a proven rental history. The Property features three (3) spacious two-bedroom units, making it an attractive option for both investors and owner-occupants seeking stable income. Well maintained throughout, the property includes modern high efficiency Navien heating systems, a convenient coin-operated laundry area, covered rear porches, a fenced in backyard for shared outdoor space and parking for all three units. The Property is currently occupied by long-term tenants, providing immediate and consistent rental income. The owner pays for heat and hot water, tenants are responsible for electric.
- Heating System:
- Natural Gas
- Parking:
- Off Street
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- No
- Rent Fee Includes:
- Unit 2(heat, Hot Water), Unit 1(heat, Unit 3(heat
- Market Time:
- 2
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $237
- Zoning:
- R3
- No Units:
- 3
- Orig Price:
- $939,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Salem
- State:
- MA
- County:
- Essex
- Postal Code:
- 01970
- Longitude:
- W71° 6' 29.7''
- Latitude:
- N42° 30' 57.1''
Residential Income
15 1/2 Palmer, Salem, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $939,000
- Bedrooms :
- 6
- Rooms :
- 14
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,968 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73556225
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
