Sold

1 Japonica Ave, Salem, MA

Salem · MA 01970

$1,050,000
Price
8
Beds
3.5
Baths
5418
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 3 Units
Lot size: 0.27 Acre Lot
Price per square foot: $198 / Sq.Ft
Parking: 2 Garage Spaces · 10 Off Street Spaces

About this home

We are pleased to present this multifamily offering which consists of 3 large units, ample on-site parking, and two garages currently used as parking and storage. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and activating additional income opportunities. The property is ideally located in a quiet residential neighborhood and is less than a 4-minute drive to downtown and the commuter line MBTA.

Neighborhood & Transit

1 Japonica Ave, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
504 days
Listing Price:
$1,075,000
Price per Sq.Ft:
$198
Tax Assessment:
$1,018,600 in 2025
Taxes:
$963 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
1
Living Area
5,418 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4086
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
11,935 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Kevin Benzinger
Listing office
Boston Realty Advisors
MLS PIN #
73356930