Well-maintained two-family home in the highly desirable Forest River Park neighborhood, offering an excellent opportunity for both owner-occupants and investors. Each unit features a separate entrance, three bedrooms, one bathroom, in-unit washer and dryer, high ceilings, and gleaming hardwood floors throughout. Ideally situated just one block from Forest River Park and three blocks from Salem State University's North Campus, this property offers exceptional convenience. Public transportation is easily accessible, with the Lafayette Road bus route located two blocks away, providing service to downtown Salem and Boston's Haymarket area. Unit 1 Currently has a TAW, and unit 2 is vacant.
This home has been viewed 8 times
Last Checked: June 20th, 2026 at 5:13pm (Source: MLS PIN #73536806)
Gross Income: $0
Gross Expenses: $8,073
Net Income Calc: $8,073
Annual Expenses for 18 Cliff Street, Salem MA 01970
Total Gross Expenses (Calculated)$8,073/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8073
Annual Income & Unit Breakdown for 18 Cliff Street, Salem MA 01970
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 18 Cliff Street, Salem MA 01970
Listing ID73536806
Property TypeMulti Family / 2 Family
Price879000 ($368.71/SqFt)
Style2 Family - 2 Units Up/down
CitySalem
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2384
Approximate Lot Size (Acres)0
Total Parking0
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 18 Cliff Street, Salem MA 01970
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
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 18 Cliff Street, Salem MA 01970
Real Estate Taxes8073
Tax Year2025
Assessed Value$711,900
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 18 Cliff Street, Salem MA 01970
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 18 Cliff Street, Salem MA 01970