19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
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Desiree Taylor

Desiree Taylor

+1(978) 269-7185
$ 925,000
Est. payment | /mo

9 Beds

4 Baths

4,420 SqFt

Save
$ 925,000
Est. payment | /mo
Save

9 Beds

4 Baths

4,420 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,420 sqft

Price per Sqft $209

MLS Listing ID 73594996

Bedrooms 9

Full Baths 4

Year Built 1890

Annual Tax Amount $7,797

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 3 Family

Property Description

Fantastic opportunity to own a well-maintained, income producing three-family property in desirable Salem! The Property features spacious units and a versatile layout making it ideal for both owner-occupants and investors looking to generate rental income. The first floor offers four (4) bedrooms spanning two levels while the second floor offers three (3) large bedrooms. The vacant third-floor unit features two (2) bedrooms, providing the perfect opportunity for an owner-occupant or an investor looking to secure an additional rental stream. The two occupied units currently generate just under $7,000 in gross monthly rental income. Heat and hot water are included in the rents. Four off-street parking spaces add even more convenience and value. With generous living spaces, strong existing rental income, and a vacant unit ready for its next chapter, this is an excellent opportunity to invest in Salem's multifamily market.

Location

State MA

County Essex

Zoning R1

Direction Please use GPS

Rooms

Basement Full, Finished

Interior

Heating Natural Gas

Exterior

Community Features Public Transportation, Park, Medical Facility, Highway Access, Public School, T-Station

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Other

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Little & Co., REALTORS®

Nearby Locations

Desiree Taylor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts 01970, United States

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19 Nichols