Discover the potential of this oversized 6-family property located at 17-23 Palmer St. Each unit boasts ample space, with four (4) large 3-4 bedroom, 1 bath units, and two (2) spacious 3 bedroom, 1 bath units. With 6-7 off-street parking spots, this property offers convenience and accessibility for both tenants and landlords alike. Landlord is responsible for Heat and some HW. Tenants pay their own electric. Rents are below market. See attached OM for rent roll (including pro forma) and detailed incomes/expenses.
Sold for $1,900,000
$1,900,000
17-23 Palmer St, Salem, MA 01970
19beds
7,044sqft
5-9 Family
Built in 1915
-- sqft lot
$-- Zestimate®
$270/sqft
$3,319 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,319/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Francesca Little 978-973-7277,
Little & Co., REALTORS® 978-745-4447,
Francesca Little 978-973-7277
Bought with:
Arfaat Ali
Coldwell Banker Realty - Lexington
Source: MLS PIN,MLS#: 73215172
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Hot Water, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 7,044
- Total interior livable area: 7,044 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street
- Uncovered spaces: 6
Lot
- Size: 7,052 Square Feet
- Features: Other
Details
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $965,000
- Annual tax amount: $10,657
- Date on market: 12/26/2025
- Total actual rent: 10827
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listing removed | $2,299,900$327/sqft |
Source: MLS PIN #73484686 Report a problem | ||
| 5/11/2026 | Price change | $2,299,900-4.2%$327/sqft |
Source: MLS PIN #73484686 Report a problem | ||
| 3/10/2026 | Listed for sale | $2,399,900+26.3%$341/sqft |
Source: MLS PIN #73484686 Report a problem | ||
| 8/22/2025 | Listing removed | $3,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Listed for rent | $3,900+8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $3,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2024 | Listed for rent | $3,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/17/2024 | Sold | $1,900,000-5%$270/sqft |
Source: MLS PIN #73215172 Report a problem | ||
| 4/8/2024 | Contingent | $2,000,000$284/sqft |
Source: MLS PIN #73215172 Report a problem | ||
| 3/21/2024 | Listed for sale | $2,000,000$284/sqft |
Source: MLS PIN #73215172 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01970
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- $3,1004 bd1 ba1k sqft38 Salem St #12, Salem, MA 01970For Rent
- $2,9503 bd1 ba1k sqft38 Salem St #15, Salem, MA 01970For Rent
Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.2 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.5 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.7 mi
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- Massachusetts
- Essex County
- Salem
- 01970
- 17-23 Palmer St
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