237 Jefferson Ave, Salem, MA 01970

$1,250,000

9 beds 3 baths 3,778 sqft Built 190010 days on marketActive

About this home

Turn key triple decker investment gem next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to schools and a short drive to local amenities. Renovated in 2020 with high efficiency gas heat/ tankless hot water, new plumbing & electrical, new meters, toilets, showers and appliances. Each unit features 3 beds, 1 bath & in-unit laundry with similar layouts and modern kitchens & baths. The building includes generous 2 car parking for each unit in the expansive fenced lot. This is a plug and play investment as an income property or condo conversion. All units rented well below market. Contact list agent for group showing info. **GROUP SHOWING SAT 3/30 2:15-3:00, CONTACT AGENT TO CONFIRM**

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$8,259/mo

Real estate (PITI + HOA + PMI): $8,222
Utilities: $547
Transportation: $129
Other (entertainment): $157

Your monthly budget

Budget$8,759/mo

Remaining after TLC$500/mo

Purchase price

$1,250,000

Down payment

$62,500 (5%)

Loan amount

$1,187,500

APR

Quick facts

Type

3 Family - 3 Units Up/Down

Style

—

Year built

1900

Lot size

0.12 ac

Stories

Heating

Baseboard, Natural Gas, Unit Control

Cooling

None

Water

Public

HOA

—

Annual tax

$9,739

MLS #

73211392

County

Essex

At a glance

Basement

Dishwasher

Balcony

Home features

Appliances

RangeDishwasherMicrowaveRefrigeratorWasherDryer

Interior

PantryStone/Granite/Solid CountersUpgraded CabinetsBathroom With Tub & ShowerRemodeledInternet Available - BroadbandLiving RoomKitchenLaundry RoomSunroom

Exterior

Balcony/DeckBalconyRain Gutters

Community

Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityBike PathConservation AreaHouse of WorshipMarinaPrivate SchoolPublic SchoolT-StationUniversity

Parking

Paved DriveOff StreetAssignedPaved

Flooring

Tile, Hardwood, Wood, Stone/Ceramic Tile

Roof

Rubber

Sewer

Public Sewer

Lot features

Level

Schools

Elementary

Hmls

Middle

Collins

High

Salem

Neighborhood — 01970

Metric	This ZIP	County	USA
Population	39,210	6,444,931	299,088,112
Population Change Since1990	12.00%	7.00%	20.00%
Population Density	4,803	786	—
Male	18,294	3,127,134	147,432,321
Female	20,916	3,317,797	151,655,844
Never Married	11,766	1,612,885	63,775,926
Married	13,426	2,586,314	123,120,365
Separated	1,771	247,857	12,639,686
Widowed	2,455	363,594	15,467,586
Divorced	3,344	436,888	23,075,029
Number Of House Hold	17,112	2,431,591	111,826,380
Average House Hold Size	2.23	2.56	2.60
Medial Age	36.04	37.25	35.46
Median House Hold Income	$50,078	$57,698	$48,276
Average House Hold Income	$61,376	$75,023	$63,629
P C I	$28,089	$29,196	$24,529
M D I	$42,238	$48,105	$41,133
A T H E	$50,149	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	83.24%	81.38%	77.74%

(Zip) Code

1970

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

See walkability, transit, and bike scores for 237 Jefferson Ave, Salem, MA 01970 on walkscore.com →

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Listing information last refreshed 3/18/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.