Beds7
Baths6
Sq.Ft.4,006
Year1900
Five Market Realty Group LLC
(978) 539-7335
Status:
Active
Property Type:4 Family
MLS #:73097981
Sq. Feet:4,006
On Site:173 Days
Lot Size:0.18 Acres
County:Essex
Welcome to this charming multi-unit home in the heart of Salem. Now is the time to build your investment portfolio! Featuring an abundance of sun-drenched rooms with numerous windows that provide ample natural light and create a cozy and inviting atmosphere. With hardwood floors throughout the charming units and plenty of storage space, this strikes the perfect balance between style and function. Main unit offers 3 spacious bedrooms and 2 full baths, providing plenty of room for you and your family. The other units each have 1 bedroom, 1 full bath, and a potential workspace. The 3rd-level features 2 cozy bedrooms and 2 full baths that add significant value. Don't forget the spacious front porch or the fenced-in backyard for outdoor relaxation, dining, and entertainment. Also offers 4 off-street parking spaces. This is perfect for those looking for a solid investment property or owner occupied home close to Salem State and Forest River Park.
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Community Information
Address:317 Lafayette St, Salem, MA 01970
County:Essex
City:Salem
Zip Code:01970
Architecture
Bedrooms:
7
Bathrooms:
6
Year Built:1900
Stories:5
Building Area: 4006
Roof: Shingle
Foundation: Stone
Basement: Full
Parking Features: Paved Drive, Off Street, Assigned, Paved
Parking Total: 4
Features / Amenities
Interior Features: Unit 1(Storage), Unit 2(Storage), Unit 3(Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen, Office/Den)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator)
Flooring: Tile, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Exterior Features: Porch
Patio And Porch: Porch
Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Total Rooms:24
Property Features
Lot Size:
0.18 Acres
Waterfront: Beach Front, 1/10 to 3/10 To Beach
Sewer: Public Sewer
Water: Public
Road Frontage: Public
Zoning:R
Directions:From Loring Ave to Lafayette St.
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $10,371
Gross Income: $58,200
Net Operating Income: $58,200
Total Actual Rent: $6,450
Rent Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water)
Buyer Agency Compensation: 2%%
Transaction Broker Compensation: 1%%
Buyer Agent Compensation: 2%
Listing Agent/Office
Listing provided courtesy of Ryan Guilmartin, Keller Williams Realty Evolution.
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317 Lafayette St Salem, MA 01970
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Listing Information Last Updated 10/1/2023
