Golf Course
Address
237 Jefferson Ave, Salem, MA
Price
$ 1,250,000
Property Attributes
- MLS#73211392
- TypeMulti-Family
- CountyESSEX
- CitySalem
- AreaSouth Salem
- Zip01970
- Style3 Family - 3 Units Up/Down
- Year Built1900
- Taxes$ 9739
- Price$ 1,250,000
- Bedrooms9
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3778
- Lot Size5,227 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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**
| Elementary School | Middle School | High School |
|---|---|---|
| Hmls Elementary School | Collins Middle School | Salem High School |
| Price History | |
|---|---|
| 3/18/2024 | Listed $1,250,000 |
General Features
| Interior Features | Pantry,Stone/Granite/Solid Counters,Upgraded Cabinets,Bathroom With Tub & Shower,Remodeled,Internet Available - Broadband,Living Room,Kitchen,Laundry Room,Sunroom |
|---|---|
| Sewer | Public Sewer |
| Heating | Baseboard,Natural Gas,Unit Control |
| Cooling | None |
| Utilities | for Gas Range,for Electric Dryer,Washer Hookup |
| Roof | Rubber |
| Appliances | Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer |
| Exterior Features | Balcony/Deck,Balcony,Rain Gutters |
| Zoning | B1 |
| Patio/Porch Features | Porch |
| Construction Materials | Frame |
| Year Built | 1900 |
| Electric | Circuit Breakers,100 Amp Service |
| Property SubType | 3 Family - 3 Units Up/Down |
| Tax Year | 2024 |
| Gross Income | 92340 |
| Waterfront Features | Beach Front,1 to 2 Mile To Beach,Beach Ownership(Public) |
| Community Features | Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,House of Worship,Marina,Private School,Public School,T-Station,University |
| County | Essex |
| Net Operating Income | 83524 |
| Operating Expense | 8816 |
| Insurance Expense | 4956 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water) |
| Total Rooms | 18 |
| Status | Active |
| Directions | GPS |
| High School | Salem |
| City | Salem |
| Disclosures | Some pictures of unit 2 show vacant from before current tenant mixed with pics including current tenant. All units currently occupied. |
| Senior Community Y/N | No |
| Total Units | 3 |
| MLS Area | South Salem |
| Lot Size Square Feet | 5301 |
| Waterfront Y/N | No |
| Street Name | Jefferson Ave |
| Elementary School | Hmls |
| Year Built Details | Actual |
| Tax Annual Amount | 9739 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Collins |
| Water Sewer Expense | 3200 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 838100 |
| Tax Lot | 0161 |
| Total Actual Rent | 7695 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Interior Entry,Sump Pump,Unfinished |
|---|---|
| Flooring | Tile,Hardwood,Wood,Stone/Ceramic Tile |
| Total Stories | 6 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Skylight(s),Insulated Windows |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 9 |
| Total Baths | 3 |
Exterior Features
| Fencing | Fenced/Enclosed |
|---|---|
| Parking Features | Paved Drive,Off Street,Assigned,Paved |
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 0.12 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 3778 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Door Features | Insulated Doors |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01970
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than NextHome Soundings Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor NextHome Soundings Realty shall be responsible for any typographical errors, misinformation, or misprints and shall
