Sold!
$1,225,000
7
Beds
3/1
Baths
3,650
Living Area
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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.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
- Parking Spots: 5
- Property Type: 3 Family
- Total Rooms: 16
- Status: Closed
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Additional Details
- Foundation: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Lot Features: Corner Lot
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,149,900
- Taxes: $13,040
- Tax Year: 2025
- Total Rent: $8,550
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Sagan Harborside Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
