76 Ocean Ave, Salem MA 01970

Salem, MA 01970
$820,000
Est. $4,364/month
4
Beds
2
Baths
2,345
Sq Ft
$350
Price/Sq Ft
0.24
Acres
1870
Year Built
Multi Family
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73300460

About this home

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!

Sale Statistics

Sale Overview
Original List Price: $825,000
Final Sale Price: $820,000
Difference: $5,000 (-0.6%)
Performance Metrics
99.4%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $352
Sale $/sq ft: $350
This property sold for $350 per square foot
Sale Summary

This property sold for 0.6% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1870
Bedrooms
4
Full Bathrooms
2
Living Area
2,345 sq ft
Total Rooms
10
Stories
2
Levels
2

Interior Features

Flooring
Wood, Tile, Hardwood, Stone/Ceramic Tile
Heating
Central, Baseboard, Hot Water
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Ceiling Fan(s), Internet Available - Unknown, Living Room, Dining Room, Kitchen, Mudroom
Basement Details
Partial, Interior Entry, Concrete

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Garden
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.24 acres
Lot Size
10,502 sq ft
Lot Size Area
0.2400
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,086
Tax Year
2024
Tax Assessed Value
$781,900
Parcel Number
M:33 L:0070,2134590
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Exclusions
Personal Belongings
Listing Terms
Contract

Location

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Neighborhood

76 Ocean Ave, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Sps
Rating information coming soon
Middle School
Sps
Rating information coming soon
High School
Sps
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $757
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.6%
Price Range
22
Total Days on Market

Property Timeline

Sold
Nov 29, 2024
$820,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Oct 9, 2024
$825,000
Original listing
Agent: Tish Lentine Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Oct 9, 2024 New Listing Added $825,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$350

Tax History

Year Taxes Assessment
2024 $9,086 $781,900

Financial Details

Annual Property Tax
$9,086
Tax Year 2024
Assessed Value
$781,900

Listing Information

Listing Agent Tish Lentine
Listing Office Keller Williams Realty Evolution
Agent MLS ID C8001684
Office MLS ID AN6886

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