19 Palmer St, Salem, MA 01970
- Beds
- 19
- Baths
- 6
- Sqft
- 7,044
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 19
- Number of bathrooms
- 6
- Square feet
- 7,044
- Lot size (acres)
- 0.16
- Year built
- 1915
Interior features
- Basement
- Yes, Finished
Exterior features
- Horse amenities
- Stable
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $16,019
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73535621 Last checked: …
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