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Off market
  • $1,193,600

    256 Jefferson Ave, Salem, MA 01970

    10beds
    3,597sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,193,600 Zestimate®
    $332/sqft
    $3,155 Estimated rent

    Home value

    $1,193,600

    $1.06M - $1.34M

    $3,155/mo

    Zestimate® history
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    Owner options

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    $3,155/mo

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    $3,155/mo

    Rent Zestimate®

    Refinance and save

    $7,391/mo

    Est. payment

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    $7,391/mo

    Est. payment

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    What's special

    Great rental history with this property which has been owned by the same family for almost 40 years.Time for a new owner to come in and increase the value, or just collect the rents as it is a strong cash flowing property. There has been updates throughout the years and as units turn over such as new flooring, newer cabinets, newer appliances, etc. There are lead Certs for all three units. Do not pass this one by as it is a money maker great for first time investors or a seasoned Investor looking to add onto the portfolio.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Gas
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,597 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: SALEM23L0083

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, Walk/Jog Trails
    • App Dscrp 1: Range, Dishwasher, Refrigerator
    • App Dscrp 2: Range, Refrigerator, Vent Hood
    • Construction: Frame
    • Electric Feature: 220 Volts
    • Exterior: Vinyl
    • Flooring: Wood, Wall To Wall Carpet, Tile
    • Foundation: Fieldstone
    • Ife Dscrp 1: Cable Tv Available, Remodeled, Wall To Wall Carpet, Pantry, Balcony/Deck, Tile Floor, Picture Window, Bathroom With Tub & Shower, High Speed Internet Hookup, Walk-In Closet, Country Kitchen, Lead Certification Available
    • Ife Dscrp 2: Cable Tv Available, Picture Window, Wall To Wall Carpet, High Speed Internet Hookup, Tile Floor, Lead Certification Available, Bathroom With Tub & Shower, Upgraded Cabinets, Pantry
    • Rms Dscrp 1: Living Room, Kitchen, Living Rm/Dining Rm Combo, Mudroom
    • Rms Dscrp 2: Kitchen, Living Rm/Dining Rm Combo, Mudroom
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Energy Features: Insulated Windows
    • Apod Available: Yes
    • App Dscrp 3: Range, Refrigerator
    • Ife Dscrp 3: Cable Tv Available, Open Floor Plan, Lead Certification Available, High Speed Internet Hookup, Wall To Wall Carpet, Picture Window, Bathroom With Tub & Shower, Pantry, Tile Floor, Upgraded Cabinets
    • Lot Description: Level, Corner
    • Rms Dscrp 3: Living Room, Kitchen, Living Rm/Dining Rm Combo, Mudroom
    • Rnt Dscrp 1: Water, Heat, Hot Water
    • Rnt Dscrp 2: Water, Heat, Hot Water
    • Rnt Dscrp 3: Water, Hot Water, Heat
    • Basement Feature: Partial, Dirt Floor, Bulkhead
    • Utility Connections: For Electric Range, Varies Per Unit, For Electric Oven
    • Hea Dscrp 1: Oil
    • Exterior Features: Gutters, Deck - Wood, Fenced Yard
    • Hea Dscrp 2: Oil
    • Hot Water: Oil
    • Mf Type: 3 Family
    • Hea Dscrp 3: Oil
    • Col Dscrp 1: Window Ac
    • Col Dscrp 2: Window Ac
    • Col Dscrp 3: Window Ac

    Price history

    DateEventPrice
    7/24/2017Sold$575,000+4.6%$160/sqft
    Source: Public Record Report a problem
    6/21/2017Pending sale$549,900$153/sqft
    Source: Northshore Realty Advisors #72184488 Report a problem
    6/19/2017Listed for sale$549,900$153/sqft
    Source: Northshore Realty Advisors #72184488 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,133 +8.1%$893,600 +10.7%
    2024$9,376 +2.8%$806,900 +10.7%
    2023$9,122 $729,200
    2022$9,122 +8.2%$729,200 +19.4%
    2021$8,430 +8.8%$610,900 +14%
    2020$7,745 +2%$536,000 +6.6%
    2019$7,592 +24.5%$502,800 +26.8%
    2018$6,097 +3.3%$396,400 +6.5%
    2017$5,902 +6.6%$372,100 +5.3%
    2016$5,536 +0.5%$353,300 +5.2%
    2015$5,509 +14.8%$335,700 +17%
    2014$4,800 +8.7%$286,900 +1.5%
    2012$4,417 -3.1%$282,600 -6.7%
    2011$4,557 +0.7%$302,800 -6.3%
    2010$4,527 -4.5%$323,100 -12%
    2009$4,742 +1.8%$367,000 -8.1%
    2008$4,660 -0.4%$399,300 -8.1%
    2007$4,680 +6.8%$434,500 +11.1%
    2006$4,384 +2.9%$391,100 +4.5%
    2005$4,260 +4.8%$374,300 +7.9%
    2004$4,063 +23.8%$347,000 +36.1%
    2003$3,282 +16.2%$255,000 +22.2%
    2002$2,824 +33.3%$208,700 +49.5%
    1999$2,118 +16.2%$139,600 -3.1%
    1994$1,823 $144,100

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,193,600
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    Estimated market value
    $1,193,600