Rare oversized owner-occupant opportunity in Salem—properties offering this level of space, flexibility, and income potential are hard to find. This well-maintained two-family sits directly across from a 100-acre arboretum—serene views, quiet living, easy access to downtown dining and shops. It lives like a single-family with built-in income. The expansive upper unit features a flexible layout with multiple living areas and generously sized bedrooms, ideal for everyday living or long-term appreciation. The first-floor unit generates $3,100/month with upside based on current market rents. Highlights: six off-street parking spaces, fenced yard, garage storage, and high-efficiency heating and cooling. Solar panels provide significant energy savings—owner’s unit averages $0/month in electricity. Lower unit has shown strong fall seasonal demand (buyer to verify regulations). Garage offers ADU potential (buyer to verify). Less than a mile to Salem’s T-station, schools, and the ocean.
This home has been viewed 2 times
Last Checked: May 14th, 2026 at 6:43pm (Source: MLS PIN #73508557)
Gross Income: $37,200
Gross Expenses: $9,115
Net Income Calc: $28,085
Annual Expenses for 19 Appleton St, Salem MA 01970
Total Gross Expenses (Calculated)$9,115/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9115
Annual Income & Unit Breakdown for 19 Appleton St, Salem MA 01970
Total Gross Income (Calculated)$37,200
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 19 Appleton St, Salem MA 01970
Listing ID73508557
Property TypeMulti Family
Price999999 ($317.96/SqFt)
StyleMulti Family
CitySalem
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total3145
Approximate Lot Size (Acres)0.14
Total Parking10 (2 Garage)
Garage Parking2
Year Built1870
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 19 Appleton St, Salem MA 01970
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 19 Appleton St, Salem MA 01970
Real Estate Taxes9115
Tax Year2025
Assessed Value$803,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 19 Appleton St, Salem MA 01970
Elementary SchoolBates Elementary School
Middle SchoolCollins Middle School
High SchoolSalem High School
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 19 Appleton St, Salem MA 01970