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Street View
$925,000
Monthly Est:$4,604
9 Beds
4 Baths4 full baths
4,420sqft
19 Nichols, Salem, MA 01970
$925,000
$4,604/moEst:
Get Pre-Approved
Triplex
Built in 1890
$-- HOA
0.06 acre lot
$209/sq.ft
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.
- Houzeo last checked: 5 hours ago
- Listing updated: October 29, 2026 at 10:45 am
- Listing Provided by: Francesca Little (978) 973-7277 | Little & Co., REALTORS® (978) 745-4447
- Source: MLS Property Information Network-MA | MLS#: 73594996
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
4,420 sqft
Lot Size
0.06 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73594996
MLS Status
Contingent
Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Interior
Heating
Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1890
Home type
Triplex
Roof
Shingle
Foundation Details
Stone
Utilities & Energy
Parking Features
Off Street
Basement
Full, Finished
Water Source
Public
Other Features
Community Features
Public Transportation, Park, Medical Facility, Highway Access, Public School, T Station
Lot Features
Other
Disclosures
All Information Is Believed To Be True. Buyers To Do Their Own Due Diligence. Pro Forma Rent Of $2400 For The Vacant Unit Is Included In The Gross Rental Income.
Price History
| Date | Event | Price |
|---|---|---|
10/29/2026 Source: | Contingent (Active Under Contract) | $925,000 $209/sqft |
10/26/2026 Source: | Listed for Sale | $925,000 +218.97% $209/sqft |
01/30/2014 Source: | Sold | $290,000 +7.41% $66/sqft |
01/30/2014 Source: | Price Increased | $270,000 +1.89% $61/sqft |
06/27/2012 Source: | Listing Removed | $265,000 $60/sqft |
Getting Around 19 Nichols
Bike Score®
Somewhat Bikeable
42/100
Walk Score®
Very Walkable
81/100
Transit Score®
Some Transit
32/100
Data provided by Redfin
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 29, 2026, 02:15PM. 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 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 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, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
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