Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

18 Balcomb Street

Salem, MA ID #73517252

Property 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 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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Duplex
  • Zip Code: 01970
  • Taxes: 10,332
  • Levels: 6
  • Acres: 0.10

Parking

  • Garage Capacity: 4
  • Parking: Paved,Off Street
  • Parking Spaces: 4

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 6
  • Total Rooms: 14
  • Has Basement: Yes

Location

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18 Balcomb Street, Salem, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Jackelyn Enslow of Cameron Real Estate Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.