Salem, MA255 Jefferson Avenue, South Salem
Price$1,250,000
Est. Mortgage: $/month
MLS Number 73160178
- MultiFamily
- Bedrooms 7
- Bathroom 4
- Square Feet 3,521
- Parking Spaces 8
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 over $150k in recent renovation. 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 the 1 bedroom rented at $2150. 117k gross annual income
Listed by Dan Bernal of J. Barrett & Company
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