Skip to content
1 / 22
Contingent · Active Under ContractListed 9 days ago

$925,000

19 Nichols, Salem, MA 01970

9
beds
4
baths
4,420
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
2,614 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1890
On the marketDays since the home was listed. New listings tend to move fastest.
9 days ago
Property type
3 Family
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$209
ParkingSpaces that come with the home, as reported to the MLS.
4 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$7,797

What’s Special

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 and two (2) full bathrooms. 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 $7,000 in gross monthly rental income including coin op laundry. 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.

Listing courtesy of Francesca Little, Little & Co., REALTORS® · MLS PIN #73594996

Facts & Features

Status
Contingent
Active status flag
Active Under Contract
Bedrooms
9
Bathrooms
4 full
Living area
4,420 sqft

Parking

1
  • Off Street

Heating

1
  • Natural Gas

MLS PIN #73594996 · Listed October 26, 2026

Location

19 Nichols, Salem · All Salem homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Call (857) 322-7325

Similar Homes

All Salem homes →
101 Eutaw Ave1 / 32
ActiveVirtual tour

$895,000

9 bd · 3 ba · 3,612 sqft · Multi-Family

101 Eutaw Ave

Lynn, MA 01902

Listing courtesy of DalBon & Company, Keller Williams Realty Evolution · MLS PIN #73556662

11 Hutchinson Ct1 / 36
Active

$999,990

9 bd · 3 ba · 4,756 sqft · Multi-Family

11 Hutchinson Ct

Lynn, MA 01902

Listing courtesy of Laura Gunn, Toner Real Estate, LLC · MLS PIN #73593455

98 Lafayette Park1 / 16
Active

$965,000

8 bd · 2 ba · 3,425 sqft · Multi-Family

98 Lafayette Park

Lynn, MA 01902

Listing courtesy of Fermin Group, Century 21 North East · MLS PIN #73586370

107 Hollingsworth St1 / 34
Active

$1,100,000

9 bd · 5 ba · 3,303 sqft · Multi-Family

107 Hollingsworth St

Lynn, MA 01902

Listing courtesy of Zahidul Islam, Cameron Prestige, LLC · MLS PIN #73569169

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.