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Sold for $1,025,000 on 06/26/25
  • $1,025,000

    18 Balcomb St, Salem, MA 01970

    7beds
    4,310sqft
    2 Family - 2 Units Side by Side
    Built in 1875
    -- sqft lot
    $1,062,300 Zestimate®
    $238/sqft
    $4,203 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 27, 2025 at 06:10am

    Listed by:

    Nancy Peterson,

    J. Barrett & Company

    Bought with:

    Jackelyn Enslow

    J. Barrett & Company

    Source: MLS PIN,MLS#: 73366502

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas, Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Cathedral/Vaulted Ceilings, Lead Certification Available, Storage, Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Loft, Office/Den
    • Flooring: Wood, Vinyl, Carpet, Hardwood
    • Windows: Box/Bay/Bow Window(s), Insulated Windows
    • Basement: Full,Interior Entry,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,310
    • Total interior livable area: 4,310 sqft
    • Finished area above ground: 4,310

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street, Assigned, Paved
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Rain Gutters
    Lot
    • Size: 4,500 sqft
    • Features: Corner Lot, Level
    Details
    • Parcel number: M:17 L:0254,2129668
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Side by Side
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1875

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • 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
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 3500
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,062,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,062,300