199-201 Lafayette
199-201 Lafayette

199-201 LafayetteSalem, Massachusetts

6 baths6140 sqft
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$ 2,100,000
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Marcio Vasconcelos
Marcio Vasconcelos
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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.
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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

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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

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