255 Jefferson Ave, Salem, MA 01970

Salem
Local realty services provided by:Cohn & Company ERA Powered
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
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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