Sold

51 Ocean Ave, Salem, MA

Salem · MA 01970

$1,250,000
Price
7
Beds
3.5
Baths
3710
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 3 Units
Lot size: 3,080 Sq.Ft Lot
Price per square foot: $348 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Must see this beautifully renovated 3-Family in a great neighborhood only 3/4 mile stroll to downtown Salem or 1/2 mile to the beach, park and hiking trails! Convenient to everything! Too many updates to list them all but the owner has done the exterior (roof, siding, windows, doors) and inside features 3 separate high-efficiency gas heat & hot water systems, gleaming hardwood flooring, thoughtfully updated kitchens, custom tiled baths, private laundry for each unit, Spacious wrap-around porch on 1st floor and 2nd floor porch. Off-street parking for 5 cars. Very low maintenance! Perfect opportunity for owner-occupant, extended family living, or an ideal 1031 exchange or investment with record high rents in the area, proximity to Salem State University. Property just got renovated and is vacant so owner can occupy any unit and/or rent at current market rents!! Private showings start Thursday & Friday. Open House Sat 12/10 & Sun 12/11 from 11AM-1PM

Neighborhood & Transit

51 Ocean 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:
1429 days
Listing Price:
$1,290,000
Price per Sq.Ft:
$348
Tax Assessment:
$746,000 in 2022
Taxes:
$824 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,710 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
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
3,080 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 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
David Cutler
Listing office
North Shore Realty Pros
MLS PIN #
73063078
Disclosure
estimated rents based on market rents