255 Jefferson Ave
255 Jefferson Ave
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255 Jefferson AveSalem, Massachusetts

4 baths3521 sqft
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$ 1,250,000
Sold
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Marcio Vasconcelos
Marcio Vasconcelos
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Description of 255 Jefferson Ave

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.
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Details

Property Type

Multi-Family

Lot/Acreage

0.15

Year Built

1890

Zip Code

01970

County

Essex

MLS

#73190503

Interior

Master Bath

No

Basement

Yes

Basement Features

Full

Exterior

Road Type

Public

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Frequently Asked Questions for 255 Jefferson Ave, Salem, MA 01970

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 42 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be $1,250,000. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 255 Jefferson Ave, Salem, MA 01970.

How many bathrooms does 255 Jefferson Ave, Salem, MA 01970 have?

With 4 well-appointed bathrooms, 255 Jefferson Ave, Salem, MA 01970 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1890, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 255 Jefferson Ave, Salem, MA 01970

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