18 Balcomb St new

Salem,MA 01970

$ 1075000

7 Beds

3.5 Baths

4310 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 4,310 sqft

Price per Sqft $249

MLS Listing ID 73366502

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1875

Annual Tax Amount $9,892

Tax Year 2025

Lot Size 4,356 Sqft

Property Sub-Type 2 Family - 2 Units Side by Side

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.

Location

State MA

County Essex

Zoning R2

Interior

Heating Forced Air,Natural Gas,Baseboard

Cooling Window Unit(s)

Flooring Wood,Vinyl,Carpet,Hardwood

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Rain Gutters

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

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

Roof Type Shingle

Building

Lot Description Corner Lot,Level

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Middle Schools Collins Middle

High Schools Salem High

View More
Favorite Go Tour