Off Market
6 Lathrop St, Salem, MA
Salem · MA 01970
- $549,000
- Price
- 5
- Beds
- 2.5
- Baths
- 1945
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1850
Units:
2 Units
Lot size:
3,851 Sq.Ft Lot
Price per square foot:
$282 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
CASH BUYERS, CONTRACTORS AND DEVELOPERS TAKE NOTICE. This two-family home has been FULLY APPROVED FOR 3 UNITS, making it an ideal project for contractors looking to capitalize on the growing demand for multi-unit properties. Located in a highly sought-after area, this property is approved for residential units but is also zoned for commercial use, such as an a business or professional office, service establishment and/or retail, promising both convenience and potential for a lucrative return on investment. Fully Vacant - will need immediate rehab on first floor for occupancy. Water, sewer, and natural gas utilities have been capped. Perfect for condo conversion or buy, renovate and hold. With a short walk to both downtown Salem and Beverly, this two-family home with approval for three units is a rare find in this coveted location.
Neighborhood & Transit
6 Lathrop 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:
- 944 days
- Listing Price:
- $549,000
- Price per Sq.Ft:
- $282
- Tax Assessment:
- $409,900 in 2023
- Taxes:
- $427 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 1,945 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1945
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 3,851 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 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
- Jenna Lovely Buonfiglio
- Listing office
- The Lovely Advisory LLC
- MLS PIN #
- 73220171
- Disclosure
- ZBA Decision granting Special Permit for 3rd unit is on record and has been extended to May 17, 2024. Rendering shown is of approved plan. Buyer and buyer's agent to perform all due diligence. Listing Agent is related to Seller. Seller has never lived at the property. Utilities have been capped.