$1,295,000
51 Ocean Ave
Salem, MA, 01970
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.
Property Details
Price:
$1,295,000
MLS #:
73446144
Status:
Active
Beds:
7
Baths:
3.5
Address:
51 Ocean Ave
Type:
Multi Family
Subtype:
3 Family
City:
Salem
Listed Date:
Oct 21, 2025
State:
MA
Finished Sq Ft:
3,650
Total Sq Ft:
3,650
ZIP:
01970
Lot Size:
3,080 sqft / 0.07 acres (approx)
Year Built:
1910
Units:
3
Schools
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Exterior
Parking Spots
5
Financial
Tax Year
2025
Taxes
$13,040
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Sagan Harborside Sotheby’s International Realty. 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.
51 Ocean Ave
Salem, MA
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