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233 Lafayette
Salem, MA 01970

$7,599,000

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Listing Details

  • $7,599,000
  • MLS# 73576567
  • Type Multi Unit - Multiple
  • Status Active
  • 32
    Bedrooms
  • 26 full
    Bathrooms
  • 17,744
    Square Feet
  • 0.238 acres
    Lot Size
  • 1915
    Year Built

Listed By

Agency Name: Little & Co., REALTORS
Agent Name: Francesca Little
Agency Phone: 978-745-4447

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Rare opportunity to acquire a fully renovated 26-unit brick asset in one of Salems most active rental markets. The Property consists of twelve (12) one-bedroom units, six (6) two-bedroom units and eight (8) studios. 233 Lafayette Street offers investors immediate scale, strong in-place income, and a true turnkey profile with major capital improvements already executed. The property has undergone an extensive renovation in 2020, including a new roof, fully upgraded electrical, new boilers and hot water storage and a new sprinkler system. Unit interiors have been upgraded across the board with updated kitchens and baths with 15 of the units...read more

Features

  • Wood
  • 3.0 Stories
  • $51,331 Taxes
  • Public
  • Built in 1915

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