51 Ocean Ave, Salem, MA 01970

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
51 Ocean Ave,Salem, MA 01970
$1,295,000
  • 7 Beds
  • 4 Baths
  • 3,650 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Oct 26
    11:00 am - 01:00 pm
Listed by:haley paster scimone
Office:sagan harborside sotheby's international realty
MLS#:73446144
Source:MLSPIN

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$354.79

About this home

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.

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Home facts

  • Year built:1910
  • Listing ID #:73446144
  • Updated:October 23, 2025 at 04:05 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Living area:3,650 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:3,650 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$354.79
  • Tax amount:$13,040 (2025)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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