51 Ocean Ave, Salem, MA 01970

$1,225,000
7
BD
4
BA
3,650
SqFt

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Sold Price
$1,225,000
List Price
$1,295,000
Status
SOLD
MLS#
73446144
Bedrooms
7
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
3,650
Lot Size (Acres)
0.07
Year Built
1910

Property Description

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.

Additional Information

Taxes
$13,040
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Haley Paster Scimone from Listing Office: Sagan Harborside Sotheby's International Realty.

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