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$925,000
1 Day On Site

19 Nichols
Salem, MA 01970

For Sale|Triplex|Active
9
Beds
4
Total Baths
4
Full Baths
4,420
SqFt
$209
/SqFt
1890
Built
County:
Essex

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19 Nichols19 Nichols19 Nichols19 Nichols
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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.

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Listing Snapshot
Price 
$925,000
Days On Site 
1 Day
Bedrooms 
9
Inside Area (SqFt) 
4,420 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1890
MLS Number 
73594996
Status 
Active
Property Tax 
$7,797
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Acres 
0.06
Disclosures 
All information is believed to be true. Buyers to do their own due diligence. Pro Forma rent of $2400 for the vacant unit is included in the gross rental income.
Foundation 
Stone
Number Of Stories 
4
Parking 
Off Street
Parking Spaces 
4
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
4120
SqFt Below 
300
SqFt Total 
4420
Water Source 
Public
Zoning 
R1
Interior Features
Appliances 
Gas Water Heater
Basement 
FullFinished
Heating 
Natural Gas
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Exterior Features
Lot Features 
Other
Roof 
Shingle
Community Features
Community Features 
Park
Listing courtesy of Francesca Little of Little & Co., REALTORS®



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.

Last checked 2026-10-27 08:45 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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