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315 Lafayette Street, Salem, MA

Salem · MA 01970

$765,000
Price
8
Beds
3
Baths
3267
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 4,452 Sq.Ft Lot
Price per square foot: $243 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Interest rates are low, consider investing in a great 3 unit building. Extensive work has been done to this building, both exterior & interior. Improvements to exterior include a new roof, new decking on 1st & 2nd floors with new railings on 1st floor deck only, & 3 of 4 exterior walls are fiber cement siding. Interior of units 1 & 2 have also had significant improvements - a great pantry, all new SS appliances in the eat-in kitchens, mostly new windows, updated bathrooms, some new tiling & flooring as required, new countertops as required, & much more. The smaller unit on the 3rd floor offers living room, kitchen, bath & 2 bedrooms or 1 bedroom plus dining room. The building also offers a full, unfinished basement, plenty of storage space, washer/dryer hook up, & bulkhead to the back yard. All separate utilities for each unit. Rents include water & sewer, trash removal, common area utilities, snow plowing & landscaping. Parking 1 single spot, 2 tandem spots. A great opportunity.

Neighborhood & Transit

315 Lafayette Street, 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:
2112 days
Listing Price:
$795,000
Price per Sq.Ft:
$243
Tax Assessment:
$513,200 in 2020
Taxes:
$623 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,267 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
4,452 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Anne Foster
Listing office
Glover Brokerage Corporation
MLS PIN #
72634819