Off Market
255 Jefferson Ave, Salem, MA
Salem · MA 01970
- $1,250,000
- Price
- 7
- Beds
- 4
- Baths
- 3521
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
4 Units
Lot size:
6,525 Sq.Ft Lot
Price per square foot:
$355 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
A true cash cow next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to Salem High School & HMLS elementary and local amenities. Seller has done over $150k in recent renovation. All units have in-unit laundry and share generous 8 car parking. Three 2 bedroom units and a townhouse style 1 bedroom unit. Two of the 2 bedroom units are renovated (2023), one was updated (2019). This is entirely turn-key. Unit 1 rented at $2400, unit 2 at $2600, unit 3 at 2600 and the 1 bedroom rented at $2150. 117k gross annual income
Neighborhood & Transit
South Salem
255 Jefferson 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:
- 1145 days
- Listing Price:
- $1,250,000
- Price per Sq.Ft:
- $355
- Tax Assessment:
- $829,100 in 2023
- Taxes:
- $864 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,521 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3521
- 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
- 6,525 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dan Bernal
- Listing office
- J. Barrett & Company
- MLS PIN #
- 73160178
- Disclosure
- Four units, 3 are 2 bed 1 bath and one is a townhouse style 1 bed 1 bath. Units #2 & 3 (both 2 bed 1 bath) are newly renovated.