233 Lafayette St | Image 1
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$7,995,000

For Sale

13 days ago

233 Lafayette St, Salem, MA

House

MLS® 73494351

32 Bed

26 Bath

17755 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 17755 sqft
Garage 
Taxes $51,331
Days Active 13
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $450
MLS® Number 73494351

Property Address: 233 Lafayette St, Salem, MA, 01970-4774

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

Description

Rare opportunity to acquire a fully renovated 26-unit brick asset in one of Salem’s 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 featuring in-unit laundry. See attached OM for detailed financials.
MLS® Number73494351
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementFinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$7,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
233 Lafayette St, Salem, MA

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