332 Lafayette St, Salem, MA 01970

5 Bed Multi Family For Sale

Posted on 4/14/21
Map
Price
$689,900
Bedrooms
5
Baths
3
Home Type
Multi Family
Style
2 Family

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Mortgage Calculator

Home Price
Down Payment (%)
Monthly Mortgage Payments
30 Year Fixed
$2,635
15 Year Fixed
$3,811

Property Description for 332 Lafayette St, Salem, MA 01970

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.

Interior Details

Living Area:
2,986 sq. ft.
Price/Sq Ft:
$231.04/sq. ft.

Exterior Details

Acres:
0.17 acres
Lot Size:
7,200 sq. ft.

Other Details

Mls No:
72814238

Unit 1 Details

Rooms: 8
Beds: 4
Baths: 2
Fireplaces: 1
Levels: 2
Floor: 1
Rent: $2,800
Leased: Yes

Rooms

Living Room; Dining Room; Kitchen; Family Room; Mudroom

Appliances

Range; Dishwasher; Microwave; Refrigerator; Washer; Dryer

Interior Features

Floored Attic; Walk-Up Attic; Cable TV Available; Pantry; Storage; Cedar Closet; Crown Molding; Country Kitchen; Open Floor Plan; Remodeled

Heating

Hot Water Radiators; Steam; Gas

Rent Includes

Water

Unit 2 Details

Rooms: 3
Beds: 1
Baths: 1
Levels: 1
Floor: 1
Rent: $1,450

Rooms

Kitchen; Living RM/Dining RM Combo; Loft

Appliances

Wall Oven; Refrigerator

Interior Features

Ceiling Fans; Cable TV Available; Cathedral/Vaulted Ceilings

Heating

Hot Water Baseboard; Gas

Rent Includes

Water

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. 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, and the Images, 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. This listing is courtesy of Lawrence Macri from Alcove Realty. Updated May 6, 2021 9:30:03 AM

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