233 Lafayette, Salem, MA 01970
Local realty services provided by:CENTURY 21 Cityside
233 Lafayette,Salem, MA 01970
$7,599,000
- 32 Beds
- 26 Baths
- 17,744 sq. ft.
- Multi-family
- Active
Listed by: francesca little, francesca little
Office: little & co., realtors®
MLS#:73576567
Source:MLSPIN
Price summary
- Price:$7,599,000
- Price per sq. ft.:$428.26
About this home
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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Home facts
- Year built:1915
- Listing ID #:73576567
- Updated:October 30, 2026 at 12:10 PM
Rooms and interior
- Bedrooms:32
- Total bathrooms:26
- Full bathrooms:26
- Rooms Total:62
- Flooring:Wood
- Living area:17,744 sq. ft.
Structure and exterior
- Roof:Rubber
- Year built:1915
- Building area:17,744 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,599,000
- Price per sq. ft.:$428.26
- Tax amount:$51,331 (2026)
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