101 Ocean Ave, Salem, MA 01970
- Beds
- 6
- Baths
- 4
- Sqft
- 4,394
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Cash Buyer Opportunity or renovation loan – Exceptional income-producing four-unit asset with strong upside potential. Two units have been fully renovated and are currently leased, offering immediate, stable income. A third unit features a long-term tenant and presents a clear value-add opportunity, with the potential to be easily converted from a one-bedroom into a two-bedroom. 4TH UNIT REQUIRES A FULL RENO AND IS UNINHABITABLE SO PLEASE CHECK WITH YOUR LENDER ON FINANCING. A compelling opportunity for investors seeking both cash flow and future appreciation. This property sits right off of Canal street with plenty of commercial and restaurants within short distance and a future train station and other public transit close by. Great sized parking lot in rear. 48 hours notice for all showings. Do not walk on premises without the agent.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 4
- Number of bedrooms
- 6
- Number of bathrooms
- 4
- Square feet
- 4,394
- Lot size (acres)
- 0.11
- Year built
- 1930
Interior features
- Basement
- Yes
Exterior features
- Horse amenities
- Stable
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $11,051
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73491641 Last checked: …
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