18 Balcomb Street, Salem MA 01970
Salem, MA 01970
$1,700,000
Est. $9,657/month
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About this home
RARE OWNER-OCCUPANT INCOME OPPORTUNITY IN SALEM! Completely renovated from top to bottom, this exceptional two-family offers over 4,300 SF with TWO spacious 4-bedroom, 3-full-bath residences, each approximately 2,155 SF and designed to live like a single-family home. An incredible opportunity to occupy one residence while generating income from the other, including potential short-term rental use for a qualifying owner-occupant, subject to City of Salem requirements. Nearly everything is NEW! New roof, electrical, plumbing, HVAC with gas heat and central A/C, kitchens, bathrooms, flooring, interior and exterior paint and more. Soaring ceilings, abundant natural light and beautiful finishes preserve the scale and character of the original 1875 Victorian while providing the comfort and functionality of a modern home. Each residence enjoys its own separate driveway with off-street parking, private fenced outdoor space and private basement with abundant storage, providing an unusual level of privacy and independence for a two-family property. With 8 bedrooms, 6 full bathrooms and more than 4,300 SF of beautifully renovated living space, the possibilities are exceptional: owner-occupy with rental income, explore permitted short-term rental potential, accommodate extended or multigenerational living, or maintain both residences as long-term rentals. Ideally located in North Salem approximately 1 mile from downtown Salem and the MBTA.
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Recently Sold Nearby
Property History
Market Insights
39.7%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
May 13, 2026
$1,700,000
Original listing
Agent: Jackelyn Enslow
Office: Cameron Real Estate Group
Previous Transaction - MLS #73366502
Full transaction history available when tracking began
Previously Sold
Jun 26, 2025
$1,025,000
MLS #73366502
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/13/2026 | 🏠 Listed for Sale | $1,700,000 | - | - | Original listing |
| 06/26/2025 | 🏷️ Previously Sold | $1,025,000 | - | - | MLS #73366502 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,332 | $958,400 |
Financial Details
Annual Property Tax
$10,332
Tax Year 2026
Assessed Value
$958,400
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Side by Side
Year Built
1875
Living Area
4,310 sq ft
Lot Size
0.10 acres
Stories
6
Bedrooms
8
Full Baths
6
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
Central, Forced Air, Natural Gas
Cooling
Central Air, Unit Control
Flooring
Tile, Hardwood, Wood, Stone/ceramic Tile
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Full
Laundry
Washer Hookup, Dryer Hookup
Features
Cathedral/vaulted Ceilings, Storage, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Shower Stall, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,332
Assessed Value
$958,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Being Marketed Concurrently As Individual Condominium Units, Potential Condo Conversion In Process. Listing Agent Has Financial Interest In Property.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
92 days
Property Overview
Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1875
Bedrooms
8
Full Bathrooms
6
Living Area
4,310 sq ft
Total Rooms
14
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,310 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood, Wood, Stone/Ceramic Tile
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Cathedral/Vaulted Ceilings, Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom with Shower Stall, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den
Windows:
Skylight(s)
Basement:
Full
Laundry:
Washer Hookup, Dryer Hookup
Security:
Construction & Materials
Year Built:
1875
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Brick/Mortar, Granite
Stories:
6
Heating, Cooling & Utilities
Heating:
Central, Forced Air, Natural Gas
Cooling:
Central Air, Unit Control
Hot Water:
Electric, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced
Other Structures:
Lot Features:
Corner Lot, Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
0.5 mi
Grades PK-08
The Greenhouse School
2.3 mi
Grades PK-08
B+
Bates School
0.5 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B-
Carlton School
1.0 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B
Witchcraft Heights School
1.0 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
B-
Saltonstall School
1.4 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
1.5 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.5 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.5 mi
106 students
Diverse
Diverse Student Body
Grades PK
Middle Schools
1 school
C+
Collins Middle School
1.0 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
1.4 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.6 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$861
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
18 Balcomb Street, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Jackelyn Enslow
Listing Office
Cameron Real Estate Group
Office Phone
781-486-3180
Agent MLS ID
C9501410
Office MLS ID
AC0756
Listing Data Updated
Aug 12, 2026 7:38 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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