12 Palmer Street is located in Historic Downtown Salem Massachusetts. This beautiful six (6) unit red brick building boasts an ideal unit-mix of three (3) two-bedroom units, two (2) one-bedroom units, and one (1) studio with tandem parking driveway and one (1) garage parking spot. The property has a total gross square footage of 5,995 ± with a rentable square footage of 4,032±, and features laundry on site along with individual locked storage rooms for additional income. All units feature open floor plans with lots of natural light, hardwood floors and ceramic tile in kitchens. The property has undergone recent capital improvements such as a new rubber roof in 2021, recently installed boiler and hot water tank, window replacements, interior and exterior painting, common area LED lighting, and various renovations within the apartments. Located within walking distance to Derby Street and Downtown Salem, the location presents a great opportunity for tenants who work downtown and commute.