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275 Lafayette Street, Salem MA 01970 – bed 0 bath For Sale – 73324811

$ 1,700,000
275 Lafayette Street, Salem MA 01970,

Overview

  • Updated On:
  • February 18, 2025
  • listingid
  • 73324811
  • 0 Bathrooms

Description

Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.

Property Listing Details

Overview

MLS Status
Price $ 1,700,000
Living Area
Bedrooms
Total Rooms
Listing MLS ID 73324811
Days on Market 40
Bathrooms

Unit Information

Bedrooms
Full Bathrooms
Half Bathrooms
Cooling
Heating
Uncovered Parking
Garage Parking
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features
Waterview Features
Flooring

Building Information

Building Name
Units in Building
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof

Additional Details

Community Features Public Transportation,Shopping,Park,Bike Path,Public School,University
Disclosures
Last Updated 2025-02-18T08:05:00.000Z
Building Area Source
MLS PIN Page
Parcel Number 3304380,2135031
Original List Price 1700000
Listing Office merryfox realty
Tax Annual Amount 23690
Tax Assessed Value 1158300
Tax Book Number 39779
Tax Year 2024
Year Built Details
Year Built Source
Zoning HIST
Listing Agent merry fox team

Property Address

Address: 275 Lafayette Street, Salem MA 01970
City:
State/County:
Zip: 01970
Country: US

Amenities and Features

Other Features
Electrical Utility Available

Payment Calculator

$ 9,740.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,153.89

Map

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Hospitals

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275 Lafayette Street, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

275 Lafayette Street, Salem MA 01970 – bed 0 bath For Sale – 73324811

$ 1,700,000

Status:

275 Lafayette Street, Salem MA 01970, , , 01970

Country: US

Property Overview

MLS #: 73324811

Type: /

Action:

Year Built: (, Source: , Effective: )

Living Area: (Total: Square Feet, Source: )

Lot Size: 0.52 ft2 (Area: 0.52 Acres, SqFt: 22651)

Total Rooms:

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: (Main Level: )

Bathrooms: Total: 0 (Full: , Half: , Decimal: , Main Level: )

Basement:

Fireplaces: ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: (Area: )

Roof:

Stories: ()

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: On-Site (Expense: )

Gas: On-Site

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces:

Covered Spaces:

Parking Total:

Parking Features:

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Gentle Sloping

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Park,Bike Path,Public School,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: HIST ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units:

Units Owner Occupied:

Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 23690 (Year: 2024)

Tax Assessed Value: 1158300

Tax Block/Lot/Book/Map: / / 39779 /

Parcel Number: 3304380,2135031

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available:

Tenant Pays:

Rent Includes:

Total Actual Rent:

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: (MLS ID: TEAM0226) / Team: C8000349

Listing Office: (MLS ID: C95279)

Agent (Property):

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-01-09

Expiration Date: 1900-01-01

Original List Price: 1700000

Price Per SqFt (List):

Market Time (Property): 40 (Broker: 40, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: 1A/114/Lafayette Street. 1.1 miles to train, .6 mi Salem State University, .8 mi to downtown Salem1

Disclosures: , N

Lead Paint:

Title 5:

Exclusions:

Contingency: Financing

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: , Other: )

Master Book/Page: / (Page: 64)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-03-15T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-01-27

Sold vs Rent:

System Information

Property ID: 1588896

Modification Timestamp: 2025-02-18T08:05:00.000Z

Bridge Modification Timestamp: 2025-02-18T08:09:16.921Z

Original Entry Timestamp: 2025-01-09T20:23:00.000Z

Status Change Timestamp: 2025-02-14T13:33:00.000Z

Off Market Date:

Development Status:

Business Type:

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