19 Palmer St, Salem MA 01970
About this home
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.
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Pending Sale
Jun 24, 2026Listed for Sale
Jun 13, 2026| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/24/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/13/2026 | 🏠 Listed for Sale | $2,099,900 | - | - | Original listing |
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| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $16,019 | $1,412,600 |
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19 Palmer St, Salem MA 01970
Salem, MA 01970
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