19 Palmer St Salem, MA 01970
Listing Courtesy of: MLS PIN / Listed By: Elsa Liu, Realty One Group Cosmopolitan

  19 Palmer St Salem, MA 01970

Active (1 Days)
$2,099,900 (USD)
19
BED
6
BATH
7,044
SQFT

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 #:
73535621
Taxes
$16,019(2025)
Lot Size
7,052 SQFT
Type
Multifamily
Year Built
1915
County
Essex County

Listed By

Elsa Liu, Realty One Group Cosmopolitan
Source
MLS PIN
Last checked Jun 15 2026 at 1:07 AM GMT+0000
Bathroom Details
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Basement Information
  • Unfinished
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • Deeded
  • Total: 6
Stories
  • 3
Living Area
  • 7,044 sqft
Location
   
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