101 Ocean Ave

Salem, MA 01970
Beds
6
Baths
4
Square Ft.
4,394
$1,100,000
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 fromRead MoreRead Less
Courtesy of Block Realty, AD Advisors Team.
Listing Snapshot
Days Online
1
Last Updated
Property Type
4 Family
Beds
6
Full Baths
4
Square Ft.
4,394
Lot Size
0.11 Acres
Year Built
1930
MLS Number
73491641
30 Days Snapshot Of 01970
$674k
+13%
(avg) sold price
23
+43%
homes sold
80
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Interior Entry", "Concrete"
Building
Building Area Total: 4394, Building Area Units: Square Feet, Construction Materials: "Frame", Living Area: 4394, Stories Total: 4, Year Built Source: Public Records, Year Built: 1930, Number Of Units Total: 4
Expenses
Insurance Expense: $3,698
Floors
Flooring: "Vinyl", "Laminate"
Foundation
Foundation Details: "Stone"
Income
Gross Income: 85200
Lot
Lot Size Acres: 0.11, Lot Size Area: 0.11, Lot Size Square Feet: 4652, Lot Size Units: Acres, Parcel Number: M:33 L:0062,2134582
Parking
Parking Features: "Paved Drive", "Leased", Parking Total: 4, Open Parking
Property
Property Sub Type: 4 Family, Zoning: B4
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 11051, Tax Year: 2025
Utilities
Electric: "200+ Amp Service", Utilities: "for Gas Range", Water Source: "Public"
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Alexis Surpitski-MacIntyre
Broker-Owner, Realtor®, MA & NH
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.