Sold
199-201 Lafayette St, Salem, MA
Salem · MA 01970
- $1,700,000
- Price
- 10
- Beds
- 6
- Baths
- 6140
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
6 Units
Lot size:
4,082 Sq.Ft Lot
Price per square foot:
$342 / Sq.Ft
Parking:
No Parking
About this home
Incredible Investment Opportunity: Discover the perfect blend of style and profitability with this remarkable multi-family property on the sought-after Lafayette St in Salem. Featuring a mix of two (2) 1-Bedroom/1-Bathroom units and four (4) 2-Bedroom/1-Bathroom units, this gem boasts stunning hardwood floors throughout and private decks for each unit. Take advantage of the potential for a lucrative portfolio by combining this property with the adjacent 2 (MLS#73210746) and 4 Chase St (MLS#73210747) which would offer 6 parking spaces for this building. Seller pays for heat and hot water and rents are well below market. See attached OM for detailed income/expenses including pro forma numbers.
Neighborhood & Transit
199-201 Lafayette St, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 968 days
- Listing Price:
- $2,100,000
- Price per Sq.Ft:
- $342
- Tax Assessment:
- $1,193,400 in 2023
- Taxes:
- $1,128 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 6,140 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 6140
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 60 Amps/Less
Exterior Features
- Lot Size
- 4,082 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick, Stucco
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Francesca Little
- Listing office
- Little & Co., REALTORS®
- MLS PIN #
- 73210745
- Disclosure
- Buyer to do their own due diligence to verify all income and expenses