Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$925,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 9 Total Beds
  • 0.06 Acres
  • Updated 21 hours ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 19 Nichols

General

  • Price: $925,000
  • Taxes: $7,797 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73594996
  • Updated: 10/26/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: Off Street

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 4
  • Square Feet: 4,420
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.06

Financial Considerations

  • Tax Amount: $7,797
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: 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.
  • Property ID: 2128672

Listed by Little & Co., REALTORS®, Francesca Little

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 19 Nichols —

  • Francesca Little

    Little & Co., REALTORS®

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 19 Nichols

School District:Salem School District, Salem, MA
NameGradesDistance
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-50.4 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-50.9 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-51.1 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.5 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-120.9 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-121 mi
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-81.2 mi
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-51.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 19 Nichols Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/26/2026
Listed
$925,000
242.59%
MLS
1/29/2014
Sold
$270,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 19 Nichols

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,731
4%
$717,200
9%
2025
$7,435
4%
$655,600
6%
2024
$7,163
3%
$616,400
11%
2023
$6,953
—
$555,800
6%
2022
$6,919
4%
$522,200
8%
2021
$6,668
5%
$483,200
10%
2020
$6,374
1%
$441,100
5%
2019
$6,340
7%
$419,900
9%
2018
$5,932
6%
$385,700
10%
2017
$5,576
23%
$351,600
21%
2016
$4,535
-6%
$289,400
-2%
2015
$4,823
7%
$293,900
9%
2014
$4,527
—
$270,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 19 Nichols

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Little & Co., REALTORS®, Francesca Little

Similar Properties near 19 Nichols

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

427 Broadway, Lynn, MA 01904 - Photo 1
$929,999

427 Broadway  Lynn, MA 01904

  • Multi-Family
  • Active
  • Updated 9 days ago
  • 3
    Units
  • 10
    Total Beds
  • 0.17
    Acres
11 Hutchinson Ct, Lynn, MA 01902 - Photo 1 Just Listed
$999,990

11 Hutchinson Ct  Lynn, MA 01902

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 3
    Units
  • 9
    Total Beds
  • 0.11
    Acres
98 Lafayette Park, Lynn, MA 01902 - Photo 1 Price Reduced
-$10,000 (-1.03%)
$965,000

98 Lafayette Park  Lynn, MA 01902

  • Multi-Family
  • Active
  • Updated 1 day ago
  • 2
    Units
  • 8
    Total Beds
  • 0.15
    Acres
51 High Rock St, Lynn, MA 01902 - Photo 1
$865,000

51 High Rock St  Lynn, MA 01902

  • Multi-Family
  • Active
  • 2
    Units
  • 8
    Total Beds
  • 0.08
    Acres
Listed by Miguel Feliz (978) 884-3218

Just Listed near 19 Nichols

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

13 Dane St, Peabody, MA 01960 - Photo 1 Just Listed
$650,000
Open House

13 Dane St  Peabody, MA 01960

  • Multi-Family
  • Active
  • Updated 14 hours ago
  • 2
    Units
  • 4
    Total Beds
  • 0.16
    Acres
106 Russell St, Peabody, MA 01960 - Photo 1 Just Listed
$899,900

106 Russell St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 3 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,344
    Sq. Ft.
112 Lowell St, Peabody, MA 01960 - Photo 1 Just Listed
$499,000

112 Lowell St  #11  Peabody, MA 01960

  • Townhouse
  • Active
  • Updated 4 hours ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,623
    Sq. Ft.
8 Elmwood Cir, Peabody, MA 01960 - Photo 1 Just Listed
$775,000

8 Elmwood Cir  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,993
    Sq. Ft.

Price Reduced near 19 Nichols

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8 Crowninshield St, Peabody, MA 01960 - Photo 1 Price Reduced
-$15,000 (-3.3%)
$439,900

8 Crowninshield St  #212  Peabody, MA 01960

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,177
    Sq. Ft.
12 Ledgewood Way, Peabody, MA 01960 - Photo 1 Price Reduced
-$26,000 (-5.36%)
$459,000

12 Ledgewood Way  #21  Peabody, MA 01960

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,535
    Sq. Ft.
52 Warren St, Peabody, MA 01960 - Photo 1 Price Reduced
-$19,100 (-4.16%)
$439,900

52 Warren St  #8  Peabody, MA 01960

  • Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,072
    Sq. Ft.
67 Ellsworth Rd, Peabody, MA 01960 - Photo 1 Price Reduced
-$1,000 (-0.16%)
$619,000

67 Ellsworth Rd  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,566
    Sq. Ft.

Recent Sales near 19 Nichols

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

23-25 Putnam St, Salem, MA 01970 - Photo 1 Sold
$815,000

23-25 Putnam St  Salem, MA 01970

  • Multi-Family
  • Closed
  • 2
    Units
  • 4
    Total Beds
  • 0.19
    Acres
25 Bow St, Salem, MA 01970 - Photo 1 Sold
$910,000

25 Bow St  Salem, MA 01970

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,200
    Sq. Ft.
17 Proctor St, Peabody, MA 01960 - Photo 1 Sold
$900,000

17 Proctor St  Peabody, MA 01960

  • Multi-Family
  • Closed
  • 2
    Units
  • 5
    Total Beds
  • 0.1
    Acres
9 Phelps St, Salem, MA 01970 - Photo 1 Sold
$830,000

9 Phelps St  Salem, MA 01970

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,674
    Sq. Ft.

19 Nichols, Salem, MA 01970 (MLS# 73594996) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 19 Nichols is currently listed for $925,000 and was received on October 26, 2026. Want to learn more about 19 Nichols? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

Tour this property