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237 Jefferson Ave

Salem, MA 01970
  • $1,250,000
  • STATUS: Active
  • MLS #: 73211392
$1,250,000
  • 9
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,778
    SQFT
  • $331
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Dan Bernal of Atlantic Coast Homes,Inc.

Description

Turn key triple decker investment gem next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to schools and a short drive to local amenities. Renovated in 2020 with high efficiency gas heat/ tankless hot water, new plumbing & electrical, new meters, toilets, showers and appliances. Each unit features 3 beds, 1 bath & in-unit laundry with similar layouts and modern kitchens & baths. The building includes generous 2 car parking for each unit in the expansive fenced lot. This is a plug and play investment as an income property or condo conversion. All units rented well below market. Contact list agent for group showing info. **GROUP SHOWING SAT 3/30 2:15-3:00, CONTACT AGENT TO CONFIRM**

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The property listing data and information 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 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 set forth herein. Data last updated 2024-04-04T00:06:27.963.
www.teamrosoremax.com/homes/148665610
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237 Jefferson Ave Salem, MA 01970

  • Price: $1,250,000
  • Status: Active
  • On Site: Days
  • MLS #: 73211392
9
Beds
3
Baths
0
½ Baths
0.12
Acres
3,778
SQFT
$331
$/SQFT
1900
Built
Neighborhood:
South Salem
County:
Essex
Area:
South Salem
Elementary School:
Hmls
Middle School:
Collins
High School:
Salem
Property Description
Turn key triple decker investment gem next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to schools and a short drive to local amenities. Renovated in 2020 with high efficiency gas heat/ tankless hot water, new plumbing & electrical, new meters, toilets, showers and appliances. Each unit features 3 beds, 1 bath & in-unit laundry with similar layouts and modern kitchens & baths. The building includes generous 2 car parking for each unit in the expansive fenced lot. This is a plug and play investment as an income property or condo conversion. All units rented well below market. Contact list agent for group showing info. **GROUP SHOWING SAT 3/30 2:15-3:00, CONTACT AGENT TO CONFIRM**
Exterior Features

Color Light Blue Construction Materials Frame Covered Spaces 0 Exterior Features Balcony/DeckBalconyRain Gutters Fencing Fenced/Enclosed Garage YN No Lot Features Level Open Parking YN Yes Parking Features Paved DriveOff StreetAssignedPaved Parking Total 6 Patio And Porch Features Porch Road Frontage Type Public Road Surface Type Paved Roof Rubber Spa YN No Waterfront Features Beach Front1 to 2 Mile To BeachBeach Ownership(Public) Waterfront YN No

Interior Features

Appliances RangeDishwasherMicrowaveRefrigeratorWasherDryer Basement FullInterior EntrySump PumpUnfinished Building Area Total 3778 Cooling None Cooling Units 0 Cooling YN No Cooling Zones 0 Door Features Insulated Doors Fireplace YN No Fireplaces Total 0 Flooring TileHardwoodWoodStone/Ceramic Tile Foundation Details Stone Heat Units 3 Heat Zones 3 Heating BaseboardNatural GasUnit Control Heating YN Yes Interior Features PantryStone/Granite/Solid CountersUpgraded CabinetsBathroom With Tub & ShowerRemodeledInternet Available - BroadbandLiving RoomKitchenLaundry RoomSunroom Laundry Features Electric Dryer HookupWasher Hookup Lead Paint Unknown Rooms Total 18 Window Features Skylight(s)Insulated Windows

Property Features

Buyer Agency Compensation 2 Community Features Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityBike PathConservation AreaHouse of WorshipMarinaPrivate SchoolPublic SchoolT-StationUniversity Disclosures Some pictures of unit 2 show vacant from before current tenant mixed with pics including current tenant. All units currently occupied. Electric Circuit Breakers100 Amp Service Gross Income 92340 Home Warranty YN No Insurance Expense 4956 Listing Terms Contract Net Operating Income 83524 Operating Expense 8816 Property Sub Type 3 Family - 3 Units Up/Down Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 9739 Tax Year 2024 Total Actual Rent 7695 Transaction Broker Compensation 1 Utilities for Gas Rangefor Electric DryerWasher Hookup Water Sewer Expense 3200 Water Source Public Year Built Details Actual Zoning B1

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Dan Bernal of Atlantic Coast Homes,Inc: 978-777-4444.


The property listing data and information 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 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 set forth herein. Data last updated 2024-04-04T00:06:27.963.
 
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Listing courtesy of Dan Bernal of Atlantic Coast Homes,Inc.