Salem, MA 01970,51 Ocean Ave
Salem, MA 01970,51 Ocean Ave
Salem, MA 01970,51 Ocean Ave
$1,225,000
Est. payment /mo
$1,295,000
5.4%
Est.Price: ?

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7 Beds
3.5 Baths
3,650 SqFt
SOLD DATE : 12/01/2025

Key Details

Sold Price $1,225,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,650 sqft

Price per Sqft $335

MLS Listing ID 73446144

Sold Date 12/01/25

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1910

Annual Tax Amount $13,040

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 3 Family

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.

Location

State MA

County Essex

Zoning R2

Direction Canal St or Lafayette to Ocean Ave.

Exterior

Waterfront Description Ocean,3/10 to 1/2 Mile To Beach

Total Parking Spaces 5

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Sagan Harborside Sotheby's International Realty
Bought with Haley Paster Scimone • Sagan Harborside Sotheby's International Realty

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Alex Sanchez

Alex Sanchez

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