




15 1/2 Palmer St, Salem, MA, 01970
About This Home
Located on a quiet side street just moments from downtown Salem, this deleaded three-family property presents an outstanding investment opportunity with a proven rental history. The Property features three (3) spacious two-bedroom units, making it an attractive option for both investors and owner-occupants seeking stable income. Well maintained throughout, the property includes modern high efficiency Navien heating systems, a convenient coin-operated laundry area, covered rear porches, a fenced in backyard for shared outdoor space and parking for all three units. The Property is currently occupied by long-term tenants, providing immediate and consistent rental income. The owner pays for heat and hot water, tenants are responsible for electric.
Getting Around
Schools
Construction
Condition
- Year built: 1915
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area above ground: 3,968
Heating
- Heating features: Natural Gas
Interior Area
- Total structure area: 3,968
- Total interior livable area: 3,968 sqft
Property
Details
- Zoning: R3
Features
- Patio & porch: Enclosed
- Fencing: Fenced
Lot
- Lot size: 4,021 sqft
- Features: Other
Parking
- Total spaces: 4
- Parking features: Off Street
- Uncovered spaces: 4
