This Property is No Longer Available
66 Ocean Avenue, Salem, MA 01970
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$749,000
3 Unit
3 Beds
4 Baths
2553 SQFT
0.12 Acre

Property Description

......ATTENTION ALL CONTRACTORS & INVESTORS. Are you looking for a New Project? ...... PROPERTY in NEED of TOTAL REHAB. CASH or CONSTRUCTION LOAN. Property will not Qualify for FHA Financing........ THE CITY of SALEM is a WORLDWIDE DESTINATION SHORT TERM RENTALS WOULD BE VERY LUCRATIVE...... EXCELLENT NEIGHBORHOOD off Lafayette Street. Proximity to Historic Downtown, Harbor, Museums, Fine Dining, European like Cafe's, Ferry and Commuter Rail to Boston.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 3
  • Total Full Baths: 4
  • Amenities: Golf Course, Park, Public School, Public Transportation, Tennis Court
  • Basement Features: Full, Partially Finished
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Other (See Remarks)
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 30000
  • Net Operating Income: 30000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: SESD

Unit 1 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Hot Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Post & Beam, Stucco
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73275738
  • Last Updated: 09/10/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/10/2024Under Agreement$749,000$293MLSPIN
08/18/2024Active$749,000$293MLSPIN
08/14/2024Price Change$749,000$293MLSPIN
08/12/2024Active$773,000$303MLSPIN
08/08/2024New$773,000$303MLSPIN

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Seller's Representative: Alison Lules Cuccio, Don Baker Real Estate
Sub Agent Compensation: 0
Buyer Agent Compensation: 2
Facilitator Compensation: 000
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-10 11:51:00

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