233 Lafayette Salem, MA 01970
Listing Courtesy of: MLS PIN / Little & Co., Realtors® / Francesca Little

  233 Lafayette Salem, MA 01970

Active (4 Days)
$7,995,000 (USD)
32
BED
26
BATH
17,755
SQFT

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 #:
73494351
Taxes
$51,331(2025)
Lot Size
10,359 SQFT
Type
Multifamily
Year Built
1915
County
Essex County

Listed By

Francesca Little, Little & Co., Realtors®
Source
MLS PIN
Last checked Apr 5 2026 at 9:19 AM EDT
Bathroom Details
Lot Information
  • Other
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Basement Information
  • Finished
Flooring
  • Wood
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Stories
  • 3
Living Area
  • 17,755 sqft
Location
   
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