A true cash cow next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to Salem High School, HMLS elementary and local amenities. Seller has done extensive updating. All units have in-unit laundry and share generous 8 car parking. Three 2 bedroom units and a townhouse style 1 bedroom unit. Two of the 2 bedroom units are renovated (2023), one was updated (2019). This is entirely turn-key. Unit 1 rented at $2400, unit 2 at $2600, unit 3 at 2600 and a 1 bedroom rented at $2150. 117k gross annual income. Two car parking for each unit.
Sold for $1,200,000
$1,200,000
255 Jefferson Ave, Salem, MA 01970
7beds
3,521sqft
4 Family
Built in 1890
-- sqft lot
$1,230,000 Zestimate®
$341/sqft
$2,122 Estimated rent
Home value
$1,230,000
$1.02M - $1.49M
$2,122/mo
Zestimate® history
Owner options
List your home for rent
$2,122/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,122/mo
Rent Zestimate®
Refinance and save
$7,431/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,431/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Dan Bernal 617-275-3291,
Atlantic Coast Homes,Inc 978-777-4444
Bought with:
Altin Shishko
Coldwell Banker Realty - Westwood
Source: MLS PIN,MLS#: 73190503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Tile, Laminate, Hardwood
- Windows: Insulated Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,521
- Total interior livable area: 3,521 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street, Assigned
- Uncovered spaces: 8
Features
- Patio & porch: Porch, Patio
- Exterior features: Balcony
- Fencing: Fenced/Enclosed
- Waterfront features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 6,525 sqft
- Features: Level
Details
- Parcel number: 2130881
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 9750
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2024 | Sold | $1,200,000-4%$341/sqft |
Source: MLS PIN #73190503 Report a problem | ||
| 1/16/2024 | Contingent | $1,250,000$355/sqft |
Source: MLS PIN #73190503 Report a problem | ||
| 1/3/2024 | Listed for sale | $1,250,000$355/sqft |
Source: MLS PIN #73190503 Report a problem | ||
| 1/2/2024 | Listing removed | $1,250,000$355/sqft |
Source: MLS PIN #73160178 Report a problem | ||
| 11/27/2023 | Price change | $1,250,000-2%$355/sqft |
Source: MLS PIN #73160178 Report a problem | ||
| 10/24/2023 | Price change | $1,275,000-1.9%$362/sqft |
Source: MLS PIN #73160178 Report a problem | ||
| 10/13/2023 | Listed for sale | $1,300,000$369/sqft |
Source: MLS PIN #73160178 Report a problem | ||
| 9/26/2023 | Contingent | $1,300,000$369/sqft |
Source: MLS PIN #73160178 Report a problem | ||
| 9/16/2023 | Listed for sale | $1,300,000+26.8%$369/sqft |
Source: MLS PIN #73160178 Report a problem | ||
| 10/27/2021 | Sold | $1,025,000+4.6%$291/sqft |
Source: MLS PIN #72886188 Report a problem | ||
| 9/3/2021 | Pending sale | $979,900$278/sqft |
Source: MLS PIN #72886188 Report a problem | ||
| 8/25/2021 | Listed for sale | $979,900$278/sqft |
Source: MLS PIN #72886188 Report a problem | ||
| 10/9/2019 | Listing removed | $1,620 |
Source: Boston Pads Report a problem | ||
| 9/9/2019 | Listed for rent | $1,620+3.8% |
Source: Boston Pads Report a problem | ||
| 2/14/2018 | Listing removed | $1,560 |
Source: Owner Report a problem | ||
| 2/13/2018 | Listed for rent | $1,560 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01970
Nearby schools
GreatSchools rating
- 3/10Horace Mann Laboratory SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Hmls
- Middle: Collins
- High: Salem
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,230,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,230,000
- Massachusetts
- Essex County
- Salem
- 01970
- 255 Jefferson Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Salem Topics
