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.
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 28
- Parking Spaces:
- 5
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $336
- Zoning:
- R2
- No Units:
- 3
- Orig Price:
- $1,295,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Salem
- State:
- MA
- County:
- Essex
- Postal Code:
- 01970
- Longitude:
- W71° 6' 28.6''
- Latitude:
- N42° 30' 29.2''
Residential Income
51 Ocean Ave, Salem, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,295,000
- Bedrooms :
- 7
- Rooms :
- 16
- Total Bathrooms :
- 3.5
- Full Bathrooms :
- 3
- Half Bathrooms :
- 1
- Square Footage :
- 3,650 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.07 Acre
- Listing ID :
- 73446144
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com