18 Balcomb Street, Salem, MA 01970
Local realty services provided by:Cohn & Company ERA Powered
18 Balcomb Street,Salem, MA 01970
$1,700,000
- 8 Beds
- 6 Baths
- 4,310 sq. ft.
- Multi-family
- Active
Listed by: jackelyn enslow
Office: cameron real estate group
MLS#:73517252
Source:MLSPIN
Price summary
- Price:$1,700,000
- Price per sq. ft.:$394.43
About this home
RARE OWNER-OCCUPANT INCOME OPPORTUNITY IN SALEM! Completely renovated from top to bottom, this exceptional two-family offers over 4,300 SF with TWO spacious 4-bedroom, 3-full-bath residences, each approximately 2,155 SF and designed to live like a single-family home. An incredible opportunity to occupy one residence while generating income from the other, including potential short-term rental use for a qualifying owner-occupant, subject to City of Salem requirements. Nearly everything is NEW! New roof, electrical, plumbing, HVAC with gas heat and central A/C, kitchens, bathrooms, flooring, interior and exterior paint and more. Soaring ceilings, abundant natural light and beautiful finishes preserve the scale and character of the original 1875 Victorian while providing the comfort and functionality of a modern home. Each residence enjoys its own separate driveway with off-street parking, private fenced outdoor space and private basement with abundant storage, providing an unusual level of privacy and independence for a two-family property. With 8 bedrooms, 6 full bathrooms and more than 4,300 SF of beautifully renovated living space, the possibilities are exceptional: owner-occupy with rental income, explore permitted short-term rental potential, accommodate extended or multigenerational living, or maintain both residences as long-term rentals. Ideally located in North Salem approximately 1 mile from downtown Salem and the MBTA....
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Home facts
- Year built:1875
- Listing ID #:73517252
- Updated:August 13, 2026 at 11:09 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:14
- Flooring:Hardwood, Tile, Wood
- Dining Description:Dining Room
- Bathrooms Description:Bathroom With Tub & Shower, Bathroom with Shower Stall
- Kitchen Description:Dishwasher, Kitchen, Range, Refrigerator
- Basement Description:Full
- Living area:4,310 sq. ft.
Heating and cooling
- Cooling:Central Air, Unit Control
- Heating:Central, Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1875
- Building area:4,310 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Corner Lot, Level
- Construction Materials:Frame
- Foundation Description:Brick/Mortar, Granite
Schools
- High school:Salem High
- Middle school:Collins Middle
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,700,000
- Price per sq. ft.:$394.43
- Tax amount:$10,332 (2026)
Features and amenities
- Appliances:Dishwasher, Range, Refrigerator
- Laundry features:Dryer Hookup, Washer Hookup
- Amenities:Open Floorplan, Storage
Parking
- Total parking spaces:4
- Parking description:Off Street, Paved, Paved Drive
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