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
- Rooms Total:14
- Flooring:Hardwood, Tile
- Basement Description:Full, Unfinished
- 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
- Lot Features:Level
- Construction Materials:Frame
- Exterior Features:Porch
- Foundation Description:Stone
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
Features and amenities
- Laundry features:Utility Connections for Electric Dryer, Washer Hookup
Parking
- Parking description:Assigned, Off Street, Paved Drive
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