$1,075,000
18 Balcomb St
Salem, MA, 01970
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.
Property Details
Price:
$1,075,000
MLS #:
73366502
Status:
Active Under Contract
Beds:
7
Baths:
3.5
Address:
18 Balcomb St
Type:
Multi Family
Subtype:
2 Family – 2 Units Side by Side
City:
Salem
Listed Date:
Apr 29, 2025
State:
MA
Finished Sq Ft:
4,310
Total Sq Ft:
4,310
ZIP:
01970
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1875
Units:
2
Schools
Middle School:
Collins Middle
High School:
Salem High
Interior
Appliances
Range, Refrigerator, Washer, Dryer, Dishwasher
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Flooring
Wood, Vinyl, Carpet, Hardwood
Heating
Forced Air, Natural Gas, Baseboard
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
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
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Assigned, Paved
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2025
Taxes
$9,892
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of J. Barrett & Company. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
18 Balcomb St
Salem, MA
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