Live by the water while collecting rent and be just 30 minutes to Boston via the Commuter Line! Currently used as a 2-family, but could easily be converted into a single family.— Owner’s unit — The main level includes a modern kitchen, ½ bath, & a grand fireplaced living room featuring hardwood floors, crown moldings, high ceilings, & oversized windows. The regal central staircase leads up to a sitting area & generous primary suite complete with laundry. The third floor has two bedrooms, a bathroom, & ample storage in the eaves. In the finished basement, you will find additional storage. —Townhouse-style Rental Unit — 2 spacious bedrooms with one overlooking the ocean. Large living room, kitchen, 1.5 baths, and in-unit laundry. – Outdoor Space – Features a patio area with ocean views, a one-car garage, 2 car driveway & extra parking located on the private drive behind this quintessential New England Home.
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Last Updated: November 19th, 2024 at 8:18am
Walk/jog Trails
Conservation Area
House Of Worship
Public School
Shopping
Park
Medical Facility
Bike Path
Public Transportation
T-station
Marina
Private School
University
General Information for 450 Lafayette St, Salem, Massachusetts 01970
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,399,900
Price per sqft$389.94
MLS #73307430
Handicap Access / FeaturesNo
List Date2024-10-29
Special Listing Conditions
StateMassachusetts
Street NameLafayette St
CitySalem
Zip Code01970
CountyEssex
MLS Status
Covered Parking Spaces2
Heating Y/NYes
Heating System
Heat Zones2
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total3590
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces2
Listing Service
UnparsedAddress450 Lafayette St, Salem MA 01970
Zoning
Interior Features for 450 Lafayette St, Salem, Massachusetts 01970
* Approx. Living Area Total3,590 sq ft
Living Area Includes BasementNo
Bedrooms5
* # Fireplaces2
Bathrooms (Total)4
Full Baths3
* # Half Baths2
* # Rooms
Basement
Heating System
Appliances
0
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricNo
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_13
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_12
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_11
MLSPIN_H_BTHS_21
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 450 Lafayette St, Salem, Massachusetts 01970
* Approximate Lot Size0.19 acres
Covered Parking Spaces2
Lot FeaturesWooded
* Parking Spaces5
* Sewer Utilities
* Water Utilities
* Year Built1910
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsBlock
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)8,150 Sqft
Disclosures for 450 Lafayette St, Salem, Massachusetts 01970
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 450 Lafayette St, Salem, Massachusetts 01970
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$27,000
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_13
MLSPIN_LEVELS_22
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT22250
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$27,000
OperatingExpense$0
OriginalListPrice$1,399,900
RENT_FEE_INCLUDESHot Water), Unit 1(heat, Unit 2(heat
TOTAL_RENT2275
WaterSewerExpense$0
Lifestyle Information for 450 Lafayette St, Salem, Massachusetts 01970
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features3/10 To 1/2 Mile To Beach, Bay, Beach Access, Beach Front, Harbor, Marina, Marsh, Navigable Water, Ocean, Public, Walk To, Waterfront
Location information for 450 Lafayette St, Salem, Massachusetts 01970
Elementary School
Middle School
High School
NumberOfUnitsTotal2
Marketing History for 450 Lafayette St, Salem, Massachusetts 01970
MLSPIN_MARKET_TIME_BROKER20
MLSPIN_MARKET_TIME_PROPERTY20
PurchaseContractDate
Agent Information for 450 Lafayette St, Salem, Massachusetts 01970