199-201 Lafayette
199-201 Lafayette

199-201 LafayetteSalem, Massachusetts

6 baths6140 sqft
Save Share
$ 2,100,000
Sold
Talk to an Agent

If you'd like to know more about this property, contact us!

Marcio Vasconcelos
Marcio Vasconcelos
Talk Chat

Description of 199-201 Lafayette

Incredible Investment Opportunity: Discover the perfect blend of style and profitability with this remarkable multi-family property on the sought-after Lafayette St in Salem. Featuring a mix of two (2) 1-Bedroom/1-Bathroom units and four (4) 2-Bedroom/1-Bathroom units, this gem boasts stunning hardwood floors throughout and private decks for each unit. Take advantage of the potential for a lucrative portfolio by combining this property with the adjacent 2 (MLS#73210746) and 4 Chase St (MLS#73210747) which would offer 6 parking spaces for this building. Seller pays for heat and hot water and rents are well below market. See attached OM for detailed income/expenses including pro forma numbers.
Show more

Details

Property Type

Multi-Family

Lot/Acreage

0.09

Year Built

1915

Zip Code

01970

County

Essex

MLS

#73210745

Interior

Master Bath

No

Basement

Yes

Homes Similar to Salem, MA

$1,885,000
6 Beds
6 Baths
5873 Sqft

376 ESSEX STREET, Salem, MA 01970

Talk to an Agent Chat to an Agent
$2,150,000
6 Beds
5 Baths
4903 Sqft

25 Washington Square North, Salem, MA 01970

Talk to an Agent Chat to an Agent
$1,850,000
6 Beds
6 Baths
4258 Sqft

18 Chestnut St, Salem, MA 01970

Talk to an Agent Chat to an Agent
$1,850,000
6 Bath
4258 Sqft

18 Chestnut St, Salem, MA 01970

Talk to an Agent Chat to an Agent
Cash Offer

Willing to Sell Your House Fast in Salem MA?

When Buyers Compete, You Win! Access Our Network of 25,000 Verified Cash Buyers Ready to Purchase Your Property AS-IS.

Selling your home for cash in Massachusetts with our service provides an unparalleled advantage in Massachusetts' vibrant real estate market. With high demand and low supply, property values are peaking, meaning you can get an attractive cash offer on your home.

Sell Your House Fast

Nearby recently sold homes

$427,000
1 Bed
1 Bath
803 Sqft

110 Federal #3, Salem, MA 01970

Talk to an Agent Chat to an Agent
$399,000
3 Beds
1 Baths
988 Sqft

19 Francis Rd, Salem, MA 01970

Talk to an Agent Chat to an Agent
$319,900
1 Bed
1 Bath
670 Sqft

20 Hancock Street #2, Salem, MA 01970

Talk to an Agent Chat to an Agent
$439,900
1 Bed
1 Bath
1094 Sqft

50 Freedom Hollow #309, Salem, MA 01970

Talk to an Agent Chat to an Agent

Frequently Asked Questions for 199-201 Lafayette, Salem, MA 01970

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 26 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be $2,100,000. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 199-201 Lafayette, Salem, MA 01970.

How many bathrooms does 199-201 Lafayette, Salem, MA 01970 have?

With 6 well-appointed bathrooms, 199-201 Lafayette, Salem, MA 01970 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1915, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 199-201 Lafayette, Salem, MA 01970

Latest Real Estate Posts

See All
Discover the Best Places to Live in Massachusetts: Your Ultimate Guide to Ideal Living

Discover the Best Places to Live in Massachusetts: Your Ultimate Guide to Ideal Living

Discover the best places to live in Massachusetts, from vibrant cities to serene suburbs. Learn about housing costs, amenities, and the pros and cons of each area.

APR vs. Interest Rate: Understanding the Differences

APR vs. Interest Rate: Understanding the Differences

Discover the differences between APR vs interest rate in loans and mortgages. Learn when to consider each for better financial decisions and cost comparisons.

Escalation Clause in Real Estate: Meaning and When To Use One

Escalation Clause in Real Estate: Meaning and When To Use One

Learn everything about the escalation clause in real estate: its definition, how it works, examples, pros, and cons. Stay competitive in hot markets with our expert tips.

Spec Home Guide: Pros and Cons of Buying Speculative Homes

Spec Home Guide: Pros and Cons of Buying Speculative Homes

Discover the ins and outs of buying a spec home. Learn about the advantages, disadvantages, and steps involved in purchasing speculative homes in our comprehensive guide.

Wholesale Real Estate: How to Profit in Real Estate Without Owning Property

Wholesale Real Estate: How to Profit in Real Estate Without Owning Property

Learn how wholesale real estate allows you to profit without owning or renovating properties. Discover key steps, benefits, and legal considerations in our comprehensive guide.

The Bold Revival: Unleashing the Whimsy of Memphis Design

The Bold Revival: Unleashing the Whimsy of Memphis Design

Discover the bold and whimsical world of Memphis Design. Learn about its history, key characteristics, famous pieces, and the modern resurgence of this vibrant style.

Dopamine Decor: Infusing Joy into Your Home

Dopamine Decor: Infusing Joy into Your Home

Discover how dopamine decor can enhance your mood and well-being through vibrant colors, playful patterns, and personal touches. Learn how to create a joyful home environment.

Find Your Perfect Match: Top Kitchen Styles for 2024

Find Your Perfect Match: Top Kitchen Styles for 2024

Discover top kitchen styles for 2024, their characteristics, costs, and practical renovation tips to create a beautiful and functional space.