Sign up to get new listings emailed daily! JOIN SIGN IN
Stacey McDowell
REALTOR®
VCard Icon 

15 1/2 Palmer, Salem, MA 01970

$939,000
  • Main Photo

28 Total Photos [Click to View All]

New to the Market Active
BEDS6 BATHS3 full SQUARE FEET3,968 MLS#73556225
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

15 1/2 Palmer | MLS# 73556225

This multi-family property located at 15 1/2 Palmer, Salem, MA 01970 is currently listed for sale with an asking price of $939,000. Search Salem real estate on staceymcdowell.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Heating: Natural Gas
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $8,054
Year Built: 1915

Feature Descriptions

Appliances: Range, Refrigerator
Building Area Total: 3968
Community Features: Public Transportation, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 3 Family
Exterior: Frame
Fencing: Fenced
HeatingY/N: 1
Lot Features: Other
Parking Features: Off Street
Parking Total: 4
Patio And Porch: Enclosed
Rent Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water)
Rooms Total: 14
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: Little & Co., REALTORS
Agent Name: Francesca Little
Agency Phone: 978-745-4447

IDX logo

TOUR THIS HOME

Choose a date and time to see 15 1/2 Palmer, Salem, MA 01970.
I will get in touch with you shortly.

Request a Showing
Choose your video chat app
  • Thursday July 30
  • Friday July 31
  • Saturday August 1
  • Sunday August 2
  • Monday August 3
  • Tuesday August 4
  • Wednesday August 5
  • Thursday August 6
  • Friday August 7
  • Saturday August 8
  • Sunday August 9
  • Monday August 10
  • Tuesday August 11
  • Wednesday August 12
  • Thursday August 13
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Estimate Your Payment

Estimated Payment

$ 3,034.85 per month $2,089.81 Principal & Interest $671.17 Property Tax $273.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/29/2026. The listing information on this page last changed on 07/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/29/2026 12:00:58 AM EST) or MLSPIN MLS (last updated Tue 07/28/2026 11:38:25 PM EST) or Prime MLS (last updated Tue 07/28/2026 11:33:34 PM EST) or MREIS (last updated Tue 07/28/2026 11:55:14 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Agency License Information: Better Homes and GardensĀ® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


Login to My Homefinder

Pixel