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(914) 484-3649
(914) 484-3649 Email (914) 484-3649
Sheila Gallagher
REALTOR®
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101 Ocean Ave
Salem, MA 01970

$1,100,000

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Listing Details

  • $1,100,000
  • MLS# 73491641
  • Type Multi Unit - Multiple
  • Status Active
  • 6
    Bedrooms
  • 4 full
    Bathrooms
  • 4,394
    Square Feet
  • 0.107 acres
    Lot Size
  • 1930
    Year Built
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Listed By

Agency Name: Block Realty
Agency Phone: 617-505-3324
Agent Name: AD Advisors Team

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Shown By

Agent Name: Sheila Gallagher
Agent Phone: (914) 484-3649
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

Description

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 from a one-bedroom into a two-bedroom. 4TH UNIT REQUIRES A FULL RENO AND IS UNINHABITABLE SO PLEASE CHECK WITH YOUR LENDER ON FINANCING. A compelling opportunity for investors seeking both cash flow and future appreciation. This property sits right off of Canal street with plenty of commercial and restaurants...read more

Features

  • Vinyl
  • Laminate
  • 4.0 Stories
  • $11,051 Taxes
  • Public
  • Built in 1930
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Listed By

Agency Name: Block Realty
Agency Phone: 617-505-3324
Agent Name: AD Advisors Team

agent picture

Shown By

Agent Name: Sheila Gallagher
Agent Phone: (914) 484-3649
Agency Title: Donahue Real Estate Co.

IDX logo

Sheila Gallagher
Sheila Gallagher Office: (781) 251-0080 ext. 203 Cell: (914) 484-3649 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/28/2026. The listing information on this page last changed on 03/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/28/2026 4:17:16 AM EST) or MLSPIN MLS (last updated Fri 03/27/2026 11:38:30 PM EST) or Cape Cod / Islands MLS (last updated Sat 03/28/2026 1:17:09 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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