Date
Details
Price
Change
Source
6/13/2026
Listed
$2,099,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental demand and stable income potential. Additional income is generated through on-site laundry and storage. Conveniently located near the MBTA Commuter Rail with easy access to Boston and Salem's vibrant downtown, waterfront, restaurants, shopping, and entertainment. Excellent opportunity for investors seeking immediate cash flow, strong in-place income, and long-term upside potential.
Full Property Details
Full Property Details for 19 Palmer St
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General
- Price: $2,099,900
- Taxes: $16,019 (2025)
- Status: Active
- Type: Multi-Family
- MLS ID: 73535621
- Updated: Today (6/13/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 19
Parking
- Parking Features: Deeded
Location
- County: Essex
Structural Information
- Basement: Yes
- Stories/Levels: 3
- Square Feet: 7,044
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.16
Financial Considerations
- Tax Amount: $16,019
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal Properties
- Disclosures/Rstr.: Measurements are approximate. Buyer/Buyer's agent to perform due diligence and verify all listing information. Detailed financials and property information are available upon request. Please email listing agent to obtain the OM.
Listed by Realty ONE Group Cosmopolitan, Elsa Liu
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 19 Palmer St —
Elsa Liu
Realty ONE Group Cosmopolitan
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 19 Palmer St
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.2 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 1.1 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 1.1 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.7 mi |
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970 | 9-12 | 0.5 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1.2 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.5 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.5 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 Palmer St
Estimate the Cost
Estimate the Cost for 19 Palmer St
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- Multi-Family
- Active
- Updated 8 days ago
- 8Units
- 16Total Beds
- 0.22Acres
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,206Sq. Ft.
Listed by Denise McCarthy (781) 608-0775
- Townhouse
- Active
- Updated 2 days ago
- 2Beds
- 3Total Baths
- 2,144Sq. Ft.
Listed by Evelyn Rockas (617) 256-8500
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,980Sq. Ft.
Listed by Megan Pinkham (508) 344-9220
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- Townhouse
- Active
- Updated 16 hours ago
- 2Beds
- 3Total Baths
- 1,623Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 4Beds
- 3Total Baths
- 4,598Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,728Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 2,405Sq. Ft.
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- Single Family
- Closed
- 5Beds
- 5Total Baths
- 5,807Sq. Ft.
Listed by Beth Jacobs
Sold by Paula DAngelo-Pickett
Sold by Paula DAngelo-Pickett
19 Palmer St, Salem, MA 01970 (MLS# 73535621) is a Multi-Family property with 6 units containing 19 bedrooms and 6 full bathrooms. 19 Palmer St is currently listed for $2,099,900 and was received on June 13, 2026. Want to learn more about 19 Palmer St? Do you have questions about finding other Multi-Family real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.