DanielleBallou
(508) 942-9508
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233 Lafayette
Salem, MA 01970

$7,599,000

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Listing Details

  • $7,599,000
  • MLS# 73576567
  • Type Multi Unit - Multiple
  • Status Active
  • 32
    Bedrooms
  • 26 full
    Bathrooms
  • 17,744
    Square Feet
  • 0.238 acres
    Lot Size
  • 1915
    Year Built
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Listed By

Agency Name: Little & Co., REALTORS
Agent Name: Francesca Little
Agency Phone: 978-745-4447

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Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

Description

Rare opportunity to acquire a fully renovated 26-unit brick asset in one of Salems 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...read more

Features

  • Wood
  • 3.0 Stories
  • $51,331 Taxes
  • Public
  • Built in 1915
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Listed By

Agency Name: Little & Co., REALTORS
Agent Name: Francesca Little
Agency Phone: 978-745-4447

agent picture

Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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954 Main Street
Walpole, MA 02081
(508) 942-9508
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/23/2026. The listing information on this page last changed on 10/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/23/2026 12:29:34 AM EST) or MLSPIN MLS (last updated Thu 10/22/2026 11:34:40 PM EST) or Cape Cod / Islands MLS (last updated Fri 10/23/2026 12:27:12 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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