$10,000 Closing Credit¹
#73356930, Kevin Benzinger, Listing Office: Boston Realty Advisors
$1,075,000 List price
18 Balcomb St Salem, MA 01970
$10,000
Closing credit¹
7 beds
3 full, 1 partial
4,310 sqft
0.10 acres
$249 / sqft
Multi-Family
Property details
About 18 Balcomb St
Perfect for owner-occupied income producing property, straight-up investment opportunity, or potential condo conversion for developers. Rare Salem 2-family (side-by-side) duplex offering spacious sunny rooms with 2 driveways and good-sized yard seeks new steward. Unit 1 (current owner’s home) offers 4 bedrooms, renovated kitchen and 2 full baths plus interior access to own basement with laundry. The attic is a wide open, finished, heated open space which offers potential for various uses – bedroom, family room, office space, maybe even an ADU (buyer to do research and due diligence). Unit 2 (currently tenant occupied) has 3 bedrooms, 1.5 baths, laundry and access to own basement. Fully insulated and deleaded, this home has new heating systems and hot water heaters for both units. Close to downtown Salem restaurants, shops, museums, and Commuter rail.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas, Baseboard
StatusActive
(New)
(New)
CoolingWindow Unit(s)
Size4,310 sqft
BasementYes
Lot size0.1 Acres
Year built1875
ParkingPaved Drive, Off Street, Assigned, Paved
MLS #73366502
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher
- Basement: Yes
- Flooring Type: Wood, Vinyl, Carpet, Hardwood
- Interior: Cathedral/Vaulted Ceilings, Lead Certification Available, Storage, Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Loft, Office/Den
- Total Bedroom Count: 7
- Parking: Paved Drive, Off Street, Assigned, Paved
- Exterior: Rain Gutters
- Heating: Forced Air, Natural Gas, Baseboard
- Cooling: Window Unit(s)
- List Price: $1,075,000
- Price/SqFt: $249
- Annual Tax Amount: $9,007
- Tax Year: 2024
- Lot: Corner Lot, Level
- Directions: Use GPS
- Year Built: 1875
- Stories: 5
- Living Area: 4,310 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 73366502
- MLS Name: MLS Property Information Network
- Office Name: J. Barrett & Company
- Office Phone: (978) 922-3683
- Listing Agent: Nancy Peterson
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,075,000
18 Balcomb St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 23, 2018 | Home Sold | $440,000 |
| Oct 29, 1993 | Home Sold | $155,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $775,100 | $9,007 |
| 2023 | $693,600 | $8,677 |
| 2022 | $679,500 | $9,003 |
| 2021 | $612,700 | $8,455 |
| 2020 | $574,000 | $8,294 |
| 2019 | $541,300 | $8,174 |
History based on county public records data.
Nearby schools
5
Bates
Public District KG-5
0.4 mi
•53 Liberty Hill Ave
4
Thomas Carroll Elementary School
Public District KG-5
0.5 mi
•60 Northend St
4
Carlton
Public District KG-5
1.0 mi
•10 Skerry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,827. The majority of Salem, MA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
21%
<35k
45%
35k-100k
30%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
11%
Single, with Kids
23%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
College Basketball
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Dillards
Chico's
Where do the neighbors go to eat?
Qdoba
Logan's Roadhouse
Bob Evans
What do the neighbors drive?
Volkswagen
Hyundai
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rock
News
All data provided by Home Junction and Claritas
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Backup offers
$10,000 Closing Credit¹
#73334477, Rosa Valera, Listing Office: Valera Realty Services
This home is located at 18 Balcomb St in Salem, MA and zip code 01970. This 4,310 square foot home, which was built in 1875, sits on a 0.10 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $1,075,000.
While more than 24 listings in Salem, MA in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 5 were sold below. Between February and March 2025, Salem, MA real estate market has seen increase in the number of listings by 40.3%. The median list price of listings available in March 2025 was $600,000, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.