19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
19 Nichols, Salem, MA 01970
22
See all 22 photos
$925,000
Est. payment /mo
Save
9 Beds
4 Baths
4,420 SqFt
New

19 Nichols Salem, MA 01970

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,420 sqft

Price per Sqft $209

MLS Listing ID 73594996

Bedrooms 9

Full Baths 4

Year Built 1890

Annual Tax Amount $7,797

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 3 Family

Property Description

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.

Location

State MA

County Essex

Zoning R1

Direction Please use GPS

Rooms

Basement Full, Finished

Interior

Heating Natural Gas

Exterior

Community Features Public Transportation, Park, Medical Facility, Highway Access, Public School, T-Station

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Other

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

MLSPIN
Listed by Little & Co., REALTORS®
NEARBY SCHOOLS & PROPERTIES

SCHEDULE A PRIVATE TOUR OF THIS HOME

Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

MORTGAGE CALCULATOR

Estimate your total mortgage payment, including taxes and insurance. Dont forget to consult your financial advisor.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

WHY CLIENTS CHOOSE THE COURY TEAM 

Hear From A Few of Over 200+ Satisfied Past Clients

ASK AN EXPERT! 

Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

YOUR LOCAL REAL ESTATE EXPERTS

Tricia Coury

View Profile

Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

https://www.thecouryteam.com/contact

Eric Coury

View Profile

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

Nathaly Castillo

View Profile

Nathaly Castillo

Transaction Coordinator

+1(727) 203-5117

office@thecouryteam.com

http://www.thecouryteam.com/

Hot Local Markets

READY TO TOUR YOUR DREAM HOME?

19 Nichols

View More

NEED MORE INFORMATION ABOUT BUYING A HOME?

Name*
Phone
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.