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332 Lafayette St

Salem, MA 01970

5 beds
3 baths
2,986 sqft
7,200 sqft lot
$226 per sqft
1906 build
– on site

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This TURN-KEY, well-maintained & recently upgraded two-family home sits on an oversized lot with ample parking. Updated electric, new kitchen 2014, BEAUTIFUL woodworking through-out, 'useful' basement with plenty of room for projects. Front house unit has living room, dining room and eat-in-kitchen with decorative staircase to second and third floors. Unfinished attic area offers more space. Many updates. Rear unit is a loft-style one-bed with cathedral ceilings; renovated 2014. Rents are below market, but tenants have been great. Leases TAW, two doors from Salem State University and rents are strong. Owner-occupied until recently. Live in one unit, rent the other. GREAT location & GREAT investment opportunity!!!! Short walk to Pioneer Village & Forest River Park...Atlantic Ocean.

Listing courtesy of MLSPIN

Last checked: Checking… • Last updated Jun 2, 2023 •

MLS# 72814238 —

The Building

Year Built:

1906
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Exterior Features:

Rain Gutters
Window Features:

Insulated Windows
Patio And Porch Features:

Porch
Stories Total:

3
# of Units Total:

2
Building Area Total:

2986
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

11
Interior Features:

Storage, Crown Molding, Country Kitchen, Kitchen
Flooring:

Wood, Tile
Fireplace:

true
Fireplaces Total:

1
Laundry Features:

Washer Hookup

Room Dimensions

Living Area:

2986

Location

Directions:

On Lafayette Street. Two doors from Salem State University.
Latitude:

42.505629
Longitude:

-70.89117

The Property

Parcel Number:

M:32 L:0212,4078740
Property Type:

Residential Income
Property Sub Type:

Multi Family
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.17
Lot Size SqFt:

7200
Lot Size Acres:

0.17
Zoning:

R2
Water View:

No
Waterfront:

false
Waterfront Features:

Beach Front, Bay, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Lot:

12
Tax Block:

2
Tax Map Number:

32
Tax Book Number:

33070
Tax Annual Amount:

8582
Tax Assessed Value:

621900

Beds

Bedrooms Total:

5

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false
Buyer's Brokerage Compensation:

2.
Compensation Based on:

Gross/Full Sale Price
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Steam
Heating:

true

Utilities

Utilities:

for Gas Range
Electric:

220 Volts
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Wall Oven,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer

The Community

Community Features:

Public Transportation

Parking

Garage:

false
Parking Total:

6
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

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Max Internet Speed

Xfinity

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
12/31/13 Dec 31, 2013		MLSPIN	$440,000

Multifamily Sold on 7/23/2021

$675,000

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Listing Courtesy of: MLSPIN and .

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

332 Lafayette St

Salem, MA 01970