Active
8 beds4,310 sqft
18 Balcomb St, Salem, MA 01970
Est: $9,646/moGet pre-approved
Multi FamilyProperty Type
0.10 acresLot Size
1875Year Built
$394/sq ftPrice per sq ft
4 carsParking Spaces

Description

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...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.
129 days on Market
  • Listed by: Jackelyn Enslow • Cameron Real Estate Group
Last updated: 09/03/2026 12:36 PM • Source: MLS PIN, MLS#: 73517252

Location

Listing Courtesy of Cameron Real Estate Group, Jackelyn Enslow
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Payment Calculator

$9,646 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,785

Property Taxes

$861

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18 Balcomb Street

Property Details
  • Taxes: $10,332 / year
  • MLS Type: Multi-family / 2 Family - 2 Units Side by Side
  • County: Essex County
  • Town: Salem
  • Area: MA-Salem
  • Garage Spaces: 0
  • Open Parking Spaces: 4.00
  • Parking Spaces Total: 4
Building Information
  • Stories: 6
  • Residences: 2
  • Year Built: 1875
  • Lot Size: 0.10 AC / 4,486 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • Living Area: 4310.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • High School: Salem High
  • Middle School: Collins Middle
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Wood, Stone/Ceramic Tile
  • Interior Features: Cathedral/Vaulted Ceilings, Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom with Shower Stall, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den
  • Laundry Features: Washer Hookup, Dryer Hookup
  • SpaYN: No
  • Window Features: Skylight(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Lot Description: Corner Lot, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Central Air, Unit Control
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property is being marketed concurrently as individual condominium units,potential condo conversion in process. Listing agent has financial interest in property.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 2129668
  • Assessments: $958,400
  • Book: 42795
  • Tax Year: 2026
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar, Granite
  • Levels: 6
  • Cooling Units: 2
  • Heat Units: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 18 Balcomb Street

DateEvent & SourcePriceAppreciation
May 12, 2026

Listed (Active)

MLS PIN #73517252

$1,700,000
Jun 26, 2025

Sold

MLS PIN #73366502

$1,025,000
May 8, 2025

Under Agreement

MLS PIN #73366502

DateEvent & SourcePrice
05/12/2026

Listed (Active)

MLS PIN #73517252

$1,700,000
06/26/2025

Sold

MLS PIN #73366502

$1,025,000
05/08/2025

Under Agreement

MLS PIN #73366502

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Balcomb Street

Taxable ValueLand$202,600Additions$669,700Total$872,300
Tax Record2025$9,892 ($824 / month)
Home Facts
Baths2Total Finished SqFt4,310 SqFtAbove Grade Finished SqFt4,310 SqFtUnfinished Basement SqFt1,738 SqFtStories3Lot Size4,500 SqFtStyleDuplexYear Built1875Year Renovated1875ZoningR2CountyESSEXAPNSALE M:17 L:0254

Schools near 18 Balcomb Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

18 Balcomb Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on May 12, 2026 by Cameron Real Estate Group, it's currently listed at $1,700,000. It has been on the market for a total of 129 days and was last sold on June 26, 2025. This listing's school district is Salem School District. Nearby schools include Bates, Horace Mann Laboratory School and Witchcraft Heights Elementary School. 18 Balcomb Street is a 8-bed, 6-bath, 4,310 sqft multi-family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cameron Real Estate Group, Jackelyn Enslow

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.