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Listed price in listed location currency (USD).
$1,400,000
$1,399,999

755

MLS® 73402986

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3647 sqft
Garage No
Taxes $12,615
Lot Size 0.13 acres
Approx. Age 1900
Avg. Price Per Sqft $383
MLS® Number 73402986

Property Address: 15-13 Ocean Ter, Salem, MA, 01970-5480

Average square foot calculated using Size range provided by listing agent.

Description

Wake up to the sound of the ocean and watch the sunrise from your window—this is everyday life at this rare 4-family home in Salem’s beloved Forest River Park neighborhood. With ocean views from nearly every room, this property offers the perfect blend of lifestyle and income. The flexible layout features three bright and efficient 1-bedroom, 1-bath units, plus a sun-filled 3–4 bedroom, 2-bath townhouse-style unit—ideal for owner-occupancy or maximizing rental potential. Enjoy two updated kitchens, several refreshed baths, beautiful hardwood floors, and a roof replaced less than 3 years ago. With five off-street parking spots and a shared yard, outdoor living is just as appealing as the view. Enjoy mornings at Forest River Park, spend weekends on nearby beaches, and explore downtown Salem’s shops, restaurants, and culture—all just minutes from your door. Whether you’re building a portfolio or dreaming of coastal living with bonus income, this one-of-a-kind property delivers.
MLS® Number73402986
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayPaved Drive, Off Street, Assigned, Paved
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jul 16, 2025End Date
$1,400,000Sold Price

Sold

Jul 10, 2025List Date
$1,399,999List Price
  • Commute

Commute

Starting Address
Destination Address
13 Ocean Ter, Salem, MA

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