1 Japonica Ave, Salem, MA 01970
View Map
$1,075,000
3 Unit
8 Beds
4 Baths
5418 SQFT
0.27 Acre

Property Description

We are pleased to present this multifamily offering which consists of 3 large units, ample on-site parking, and two garages currently used as parking and storage. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and activating additional income opportunities. The property is ideally located in a quiet residential neighborhood and is less than a 4-minute drive to downtown and the commuter line MBTA.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Public Transportation
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Refrigerator

Financial

  • APOD Available: No

Utilities

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

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73356930
  • Last Updated: 04/13/25
  • Terms: Other (See Remarks), Special

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/13/2025Active$1,075,000$198MLSPIN
04/09/2025New$1,075,000$198MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Kevin Benzinger, Boston Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2025-04-13 04:05:00