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$7,699,000
21 Days On Site
233 LafayetteSalem, MA 01970
For Sale|Multi Family|Active
32
Beds
26
Total Baths
26
Full Baths
17,744
SqFt
$434
/SqFt
1915
Built
County:
Essex
Call Now: (860) 402-5872
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(860) 402-5872
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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.
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Listing Snapshot
Price
$7,699,000
Days On Site
21 Days
Bedrooms
32
Inside Area (SqFt)
17,744 sqft
Total Baths
26
Full Baths
26
Partial Baths
N/A
Lot Size
0.24 Acres
Year Built
1915
MLS® Number
73576567
Status
Active
Property Tax
$51,331
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.24
Disclosures
Buyers to do their own due diligence to verify all income and expenses. Total monthly rent is $57935. Max allowed in MLS is $32767. Some photos have been virtually staged and edited.
Foundation
Concrete Perimeter
Number Of Stories
3
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
15889
SqFt Below
1855
SqFt Total
17744
Water Source
Public
Zoning
B1
Interior Features
Appliances
Gas Water Heater
Flooring
Wood
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Exterior Features
Construction Details
Brick
Lot Features
Other
Roof
Rubber
Community Features
Community Features
Park
Listing courtesy of Francesca Little of Little & Co., REALTORS®
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Last checked 2026-10-06 12:03 AM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Last checked 2026-10-06 12:03 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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