For Sale
233 Lafayette
Salem, MA
$7,699,000
32 bd/26 ba/17,744 sf
Courtesy of Little & Co., REALTORS®
This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.
The listing brokerage last updated this record on September 18, 2026.
Photographs
22 photographs from the listing brokerage, shown as they published them.
About this home
Rare opportunity to acquire a fully renovated 26-unit brick asset in one of Salem’s most active rental markets. The Property consists of twelve (12) one-bedroom units, six (6) two-bedroom units and eight (8) studios. 233 Lafayette Street offers investors immediate scale, strong in-place income, and a true turnkey profile with major capital improvements already executed. The property has undergone an extensive renovation in 2020, including a new roof, fully upgraded electrical, new boilers and hot water storage and a new sprinkler system. Unit interiors have been upgraded across the board with updated kitchens and baths with 15 of the units featuring in-unit laundry. See attached OM for detailed financials.
The details
- Property type
- Multi-family
- Bedrooms
- 32
- Bathrooms
- 26
- Interior
- 17,744 sq ft
- Lot
- 0.24 acres
- Year built
- 1915
- Price per sq ft
- $434
- County
- Essex
- Taxes
- $51,331 (2026)
- Stories
- 3
- Roof
- Rubber
- Sewer
- Public Sewer
- Water
- Public
- Zoning
- B1
- Days on market
- 4
- MLS #
- 73576567
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