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You are here:
$825,000
2 Unit
4 Beds
2 Baths
2345 SQFT
0.24 Acre
76 Ocean Ave
Salem, MA 01970

Property Description

Bright & light-filled two-family home on a beautifully landscaped double lot in Salem, MA. Both units feature 2 bedrooms, living room, dining room, kitchen & a full bath. The first-floor unit boasts high ceilings, an expanded kitchen with in-unit laundry & a skylight. A large "bullpen" style deck overlooks the serene yard with flower & vegetable beds. There's a chicken coop too! Detached barn/garage with a loft offers great potential for creative use or expansion. Located near Salem's top amenities, including Salem State University, eclectic downtown & the rich cultural offerings, it's perfect for both everyday living & entertaining. Ideal for multi-generational living, rental income, or future development. Buyers encouraged to explore all the possibilities. Excellent commuter location, just 30 minutes to Boston via Salem Station or the ferry. Just over a 1/2 mile to Forest River Outdoor Rec & Nature Center, pool & beach. Don’t miss out on this unique opportunity!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Golf Course, House of Worship, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Interior Access, Partial
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom
  • Common Interior Features: Ceiling Fans, Internet Available - Unknown, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Common Heating: Active Solar, Central Heat, Electric, Electric Baseboard, Gas, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 24000
  • Net Operating Income: 24000

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: SESD

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Construction

  • Year Built: 1870
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73300460
  • Last Updated: 10/17/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/17/2024Contingent$825,000$352MLSPIN
10/13/2024Active$825,000$352MLSPIN
10/09/2024New$825,000$352MLSPIN

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View Breakdown

Map & Resources

Salem State University O'Keefe Center

University

0.09mi

Salem State University North Campus

University

0.29mi

Salem State University Harrington Campus

University

0.42mi

Saltonstall School

Public Elementary School, Grades: K-8

0.43mi

Saint Anne School

School

0.48mi

Saint Josephs School

School

0.63mi

Collins Middle School

Public Middle School, Grades: 6-8

0.69mi

The Greenhouse School

Private School, Grades: K-6

0.7mi

All Souls Lounge

Bar

0.89mi

Bit Bar

Bar

0.91mi

Starbucks

Coffee Shop

0.49mi

Starbucks

Coffee Shop

0.77mi

Lulu's Bakery and Pantry

Cafe

0.87mi

Dunkin'

Donut & Coffee Shop

0.41mi

PZA Grille

Pasta & Pizza & Sandwich Restaurant

0.28mi

Marsh Dining Hall

Restaurant

0.53mi

Kissable Paws

Pet Grooming

0.36mi

Day Of the Dog

Pet Grooming

0.9mi

North Shore Medical Center - Salem Hospital

Hospital

0.35mi

MassGeneral for Children at North Shore Medical Center

Hospital. Speciality: Paediatrics

0.65mi

Salem Fire Department - Station 5

Fire Station

0.35mi

Salem Fire Department

Fire Station

0.83mi

Salem Fire Department

Fire Station

0.85mi

University Police

Police

0.49mi

Salem Police Department

Local Police

0.55mi

Bertram Field

Stadium

0.49mi

Pioneer Village

Museum

0.42mi

The Salem Museum

Museum

0.9mi

New England Pirate Museum

Museum

0.91mi

Peabody Essex Museum

Museum

0.93mi

Sophia Gordon Center

Theatre

0.38mi

Gasset FItness Center

Fitness Centre

0.18mi

O'Keefe Sports Complex

Sports Centre

0.15mi

Alumni Field

Sports Centre. Sports: Soccer

0.19mi

Batting Cage

Sports Centre. Sports: Baseball

0.47mi

Tennis Courts

Sports Centre. Sports: Tennis

0.67mi

Salem State Baseball Field

Sports Centre. Sports: Baseball

0.73mi

Pool

Swimming Pool

0.22mi

Sullivan Front Lawn

Park

0.29mi

Upper Quad

Park

0.33mi

Forest River Park

Park

0.38mi

Palmer Cove Park

Municipal Park

0.45mi

Castle Hill Park

Municipal Park

0.48mi

Mary Jane Lee Park

Municipal Park

0.6mi

Lafayette Park

Municipal Park

0.61mi

Broad Street Park

Park

0.65mi

Olde Salem Greens

Golf Course

0.53mi

Rainbow Terrace Playground

Playground

0.39mi

Old Slide

Playground

0.59mi

Marblehead Bank

Bank

0.16mi

St. Jean's Credit Union

Bank

0.26mi

Eastern Bank

Bank

0.5mi

North Shore Bank

Bank

0.81mi

Rockland Trust

Bank

0.81mi

Century Bank

Bank

0.89mi

Mindy's Nails

Nails

0.12mi

Andrew Michaels Salon & Spa

Hairdresser

0.17mi

Crosby's Marketplace

Supermarket

0.13mi

Big Apple Food Shops

Supermarket

0.49mi

Daily Table

Supermarket

0.63mi

CVS Pharmacy

Pharmacy

0.46mi

Walgreens

Pharmacy

0.8mi

CVS Pharmacy

Pharmacy

0.84mi

Sunoco

Convenience

0.04mi

Shell

Convenience

0.11mi

Lafayette St @ Ocean Ave

455

0.19mi

Lafayette St @ Ocean Ave

455

0.2mi

Lafayette St @ Forest Ave

455

0.21mi

Lafayette St @ Clifton Ave

455

0.21mi

Lafayette St @ Laurel St

455

0.22mi

Lafayette St @ Willow Ave

455

0.22mi

Lafayette St @ Loring Ave

455

0.26mi

Opp 352 Lafayette St

455

0.27mi

Seller's Representative: Tish Lentine, Keller Williams Realty Evolution
MLS ID#: 73300460

© 2024 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 2024-10-17 14:04:00

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