LKV Realty
Logo
$899,000
$4,400Reward *
15 1/2 Palmer, Salem, MA 01970Listing ID 73556225

15 1/2 Palmer, Salem, MA 01970

Active
Time on site: 15 daysLast updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
3 Family
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,968
Acres
Acres
0.09
Days on Site
Days on Site
15
Heating
Heating
Natural Gas
Year Built
Year Built
1915
Stories
Stories
3
Parking
Parking
Off Street

Located on a quiet side street just moments from downtown Salem, this deleaded three-family property presents an outstanding investment opportunity with a proven rental history. The Property features three (3) spacious two-bedroom units, making it an attractive option for both investors and owner-occupants seeking stable income. Well maintained throughout, the property includes modern high efficiency Navien heating systems, a convenient coin-operated laundry area, covered rear porches, a fenced in backyard for shared outdoor space and parking for all three units. The Property is currently occupied by long-term tenants, providing immediate and consistent rental income. The owner pays for heat and hot water, tenants are responsible for electric.

Property Information

Property Details

Location

Address
15 1/2 Palmer
County
Essex
City
Salem
Zip Code
01970

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
3

Building

Building Information

Square Feet
3,968
Year Built
1915
Stories
3
Construction
Frame
Foundation
Concrete Perimeter
Roof
Shingle

Property Taxes

Tax Annual Amount
$8,054
Tax Year
2025
Little & Co., REALTORS®, (978) 745-4447

Market Report for 01970

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 10:59 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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