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ActiveListed 160 days ago

$1,598,000

18 Balcomb Street, Salem, MA 01970

8
beds
6
baths
4,310
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
4,486 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1875
On the marketDays since the home was listed. New listings tend to move fastest.
160 days ago
Property type
2 Family - 2 Units Side by Side
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$371
ParkingSpaces that come with the home, as reported to the MLS.
4 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$10,332

What’s Special

  • Central Air

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.

Listing courtesy of Jackelyn Enslow, Cameron Real Estate Group · MLS PIN #73517252

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
8
Bathrooms
6 full
Living area
4,310 sqft

Interior

14
  • Cathedral/Vaulted Ceilings
  • Storage
  • Stone/Granite/Solid Counters
  • Upgraded Cabinets
  • Bathroom with Shower Stall
  • Bathroom With Tub & Shower
  • Open Floorplan
  • Remodeled
  • Living Room

Parking

3
  • Paved Drive
  • Off Street
  • Paved

Laundry

2
  • Washer Hookup
  • Dryer Hookup

Heating

3
  • Central
  • Forced Air
  • Natural Gas

Cooling

2
  • Central Air
  • Unit Control

Appliances

3
  • Range
  • Dishwasher
  • Refrigerator

MLS PIN #73517252 · Listed May 12, 2026

Location

18 Balcomb Street, Salem · All Salem homes

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.

$1,598,000

18 Balcomb Street

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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.