Data Source Brokerage:

    Continental Real Estate Group, Inc logo

    Continental Real Estate Group, Inc

    19 Palmer St, Salem, MA 01970

    $2,099,900

    Active

    7 hours ago

    19 beds
    6 baths
    7,044 sq ft
    Built in 1915

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Elsa Liu, (508) 276-6723

    Source: MLS Property Information Network (MLS PIN), #73535621, last updated on 6/14/2026

    About this property

    MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath...

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    Neighborhood

    5 / 10

    Carlton Elementary School

    6 / 10

    Collins Middle School

    4 / 10

    Salem High School

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    Property details
    Interior

    Bedrooms & Bathrooms

    • Bedrooms: 19
    • Bathrooms: 6
    • Full bathrooms: 6

    Features

    • Has basement: Yes
    • Basement: Unfinished
    • Has fireplace: No

    Interior area

    • Total structure area: 7,044 Square Feet
    • Total interior liveable area: 7,044

    Appliances

    • Included: Gas Water Heater
    Property

    Parking

    • Total spaces: 6
    • Parking features: Deeded
    • Has Garage: No

    Features

    • Stories: 3
    • Patio & porch: Porch, Covered
    • Has spa: No

    Lot

    • Size: 0.16 Acres
    Construction

    Type & style

    • Home type: Residential Income
    • Property subtype: Multi Family

    Materials

    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle

    Condition

    • Year built: 1915
    Utilities & green energy
    • Sewer: Public Sewer
    • Water: Public

    Financial & listing details

    • Price per square foot: $298

    Neighborhood score

    3 / 5

    School score

    5 / 10

    Crime score

    1 / 10