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This fully renovated, turn-key 3-family is ideally located just 3/4 mile to downtown Salem and 1/2 mile to the beach, park, and hiking trails. Updates include a new roof, siding, windows, and doors, plus high-efficiency gas heat & hot water, gleaming hardwood floors, modern kitchens, custom tiled baths, and private laundry in each unit. The property features a spacious wrap-around first-floor porch, second-floor porch, and off-street parking for five cars. Low-maintenance and beautifully updated, this property is perfect for owner-occupants, extended family, or investors seeking excellent rental potential near Salem State University. Incredible opportunity! All units are occupied with leases in place and a strong rent roll.
General Information for 51 Ocean Ave Salem, MA 01970 |
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| Town | Salem |
| County | Essex |
| Stories | 3 |
| SQFT | 3,650 |
| Status | Available |
| Listing Number | 73446144 (MLSPIN) |
Rooms Information for 51 Ocean Ave Salem, MA 01970 |
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Interior Information for 51 Ocean Ave Salem, MA 01970 |
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Exterior Information for 51 Ocean Ave Salem, MA 01970 |
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| Lot Size | 0.07 acres |
| Lot Description | Corner Lot |
| Parking | Spaces: 5 |
| Lot | Corner Lot |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 51 Ocean Ave Salem, MA 01970 |
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Miscellaneous Information for 51 Ocean Ave Salem, MA 01970 |
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| Year Built | 1910 |
| Association Fee | 0 |
| Taxes | $13,040 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 6,934 |
| Avg Price | $933,247 |
| Avg Days Listed | 99 |
| Total New Listings | 16 |
| House | Data |
|---|---|
| Units | 12,213 |
| Avg Price | $1,243,732 |
| Avg Days Listed | 86 |
| Total New Listings | 11 |
| Multi-Family | Data |
|---|---|
| Units | 2,148 |
| Avg Price | $1,281,498 |
| Avg Days Listed | 108 |
| Total New Listings | 3 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 40 minutes ago |
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
(AN4471/CN220776)
