255 Jefferson Ave, Salem, MA 01970

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
255 Jefferson Ave,Salem, MA 01970
$1,250,000
  • 7 Beds
  • 4 Baths
  • 3,521 sq. ft.
  • Multi-family
  • Active
Listed by:dan bernal
Office:j. barrett & company
MLS#:73160178
Source:MLSPIN

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$355.01

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

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Home facts

  • Year built:1890
  • Listing ID #:73160178
  • Updated:December 27, 2023 at 08:47 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,521 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1890
  • Building area:3,521 sq. ft.
  • Lot area:0.15 Acres

Schools

  • High school:Salem
  • Middle school:Collins
  • Elementary school:Horace Mann

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$355.01
  • Tax amount:$10,372
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