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18 Balcomb St, Salem MA 01970 – 7 bed 4 bath For Sale – 73366502

$ 1,075,000
18 Balcomb St, Salem MA 01970,

Overview

  • Updated On:
  • May 23, 2025
  • listingid
  • 73366502
  • 7 Bedrooms
  • 3.5 Bathrooms
  • 0 Garage Spaces
  • 4 Non-Garage Parking Spaces
  • 1875

Description

Perfect for owner-occupied income producing property, straight-up investment opportunity, or potential condo conversion for developers. Rare Salem 2-family (side-by-side) duplex offering spacious sunny rooms with 2 driveways and good-sized yard seeks new steward. Unit 1 (current owner’s home) offers 4 bedrooms, renovated kitchen and 2 full baths plus interior access to own basement with laundry. The attic is a wide open, finished, heated open space which offers potential for various uses – bedroom, family room, office space, maybe even an ADU (buyer to do research and due diligence). Unit 2 (currently tenant occupied) has 3 bedrooms, 1.5 baths, laundry and access to own basement. Fully insulated and deleaded, this home has new heating systems and hot water heaters for both units. Close to downtown Salem restaurants, shops, museums, and Commuter rail.

This property is listed by Nancy Peterson from J. Barrett & Company

Property Listing Details

Overview

MLS Status
Price $ 1,075,000
Living Area 4,310.00 ft2
Bedrooms 7
Total Rooms 15
Listing MLS ID 73366502
Days on Market 24
Bathrooms 3.5

Unit Information

Bedrooms 7
Full Bathrooms 3
Half Bathrooms 1
Cooling Window Unit(s)
Heating Forced Air,Natural Gas,Baseboard
Uncovered Parking 4
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features Electric Dryer Hookup,Washer Hookup
Lead Paint Certified Treated
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Concrete,Unfinished
Patio And Porch Features
Parking Features Paved Drive,Off Street,Assigned,Paved
Waterview Features
Flooring Wood,Vinyl,Carpet,Hardwood

Building Information

Building Name
Units in Building 2
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1875
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Concrete,Unfinished
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Disclosures
Last Updated 2025-05-23T07:30:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:17 L:0254,2129668
Original List Price 1075000
Listing Office j. barrett & company
Tax Annual Amount 9892
Tax Assessed Value 872300
Tax Book Number 36733
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning R2
Listing Agent nancy peterson

Property Address

Address: 18 Balcomb St, Salem MA 01970
City:
State/County:
Zip: 01970
Country: US

Amenities and Features

Other Features
Bathroom with Shower Stall
Cathedral/Vaulted Ceilings
Ceiling Fan(s)
Dining Room
Dishwasher
Dryer
Has Cooling System
Has Heating System
Internet Available - Unknown
Kitchen
Lead Certification Available
Living Room
Loft
Office/Den
Open Parking
Rain Gutters
Range
Refrigerator
Remodeled
Storage
Washer

Payment Calculator

$ 6,159.47
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,156.13

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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18 Balcomb St, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

18 Balcomb St, Salem MA 01970 – 7 bed 4 bath For Sale – 73366502

$ 1,075,000

Status:

18 Balcomb St, Salem MA 01970, , , 01970

Country: US

Property Overview

MLS #: 73366502

Type: /

Action:

Year Built: 1875 (Approximate, Source: Public Records, Effective: )

Living Area: 4,310.00 ft2 (Total: 4310 Square Feet, Source: Public Records)

Lot Size: 0.10 ft2 (Area: 0.1 Acres, SqFt: 4500)

Total Rooms: 15

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 7 (Main Level: )

Bathrooms: Total: 3.5 (Full: 3, Half: 1, Decimal: 3.5, Main Level: )

Basement: Full,Interior Entry,Concrete,Unfinished

Fireplaces: 0 ()

Flooring: Wood,Vinyl,Carpet,Hardwood

Laundry: Electric Dryer Hookup,Washer Hookup

Window Features: Box/Bay/Bow Window(s),Insulated Windows

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone (Area: )

Roof: Shingle

Stories: 5 (5)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Forced Air,Natural Gas,Baseboard

Cooling: Window Unit(s)

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range,for Electric Dryer,Washer Hookup

Electric: Circuit Breakers (Expense: 2400)

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 4

Parking Features: Paved Drive,Off Street,Assigned,Paved

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Corner Lot,Level

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: Collins Middle, H: Salem High

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Perfect for owner-occupied income producing property, straight-up investment opportunity, or potential condo conversion for developers. Rare Salem 2-family (side-by-side) duplex offering spacious sunny rooms with 2 driveways and good-sized yard seeks new steward. Unit 1 (current owner’s home) offers 4 bedrooms, renovated kitchen and 2 full baths plus interior access to own basement with laundry. The attic is a wide open, finished, heated open space which offers potential for various uses – bedroom, family room, office space, maybe even an ADU (buyer to do research and due diligence). Unit 2 (currently tenant occupied) has 3 bedrooms, 1.5 baths, laundry and access to own basement. Fully insulated and deleaded, this home has new heating systems and hot water heaters for both units. Close to downtown Salem restaurants, shops, museums, and Commuter rail.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 2

Units Owner Occupied:

Unit 1: Beds: 4, Full Baths: 2, Half Baths: 0, Levels: 3, Rent: 0, Lease: N

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 1, Levels: 2, Rent: 3500, Lease: N

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 9892 (Year: 2025)

Tax Assessed Value: 872300

Tax Block/Lot/Book/Map: / / 36733 /

Parcel Number: M:17 L:0254,2129668

Special Licenses:

Current Financing:

Gross Income: 42000 (Scheduled: )

Net Operating Income: 42000

Operating Expense: 3700 (Water/Sewer: 1800, Insurance: )

Financial Data Source:

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(None),Unit 2(None)

Total Actual Rent: 3500

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Nancy Peterson (MLS ID: CN230395) / Team:

Listing Office: J. Barrett & Company (MLS ID: AC2087)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-29

Expiration Date: 1900-01-01

Original List Price: 1075000

Price Per SqFt (List): 249.42

Market Time (Property): 24 (Broker: 24, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Use GPS

Disclosures: , Y

Lead Paint: Certified Treated

Title 5:

Exclusions:

Contingency: Pending P&S

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 45)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-06-26T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-05-08

Sold vs Rent:

System Information

Property ID: 2107364

Modification Timestamp: 2025-05-23T07:30:00.000Z

Bridge Modification Timestamp: 2025-05-23T07:35:00.129Z

Original Entry Timestamp: 2025-04-30T01:10:00.000Z

Status Change Timestamp: 2025-05-23T07:05:00.000Z

Off Market Date: 2025-05-22

Development Status:

Business Type:

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