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Street View
$7,699,000
Monthly Est:$38,321
32 Beds
- 26 Baths
26 full baths
17,744sqft
233 Lafayette, Salem, MA 01970
$7,699,000
$38,321/moEst:
Get Pre-Approved
Multi Family
Built in 1915
$-- HOA
0.24 acre lot
$434/sq.ft
Description
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 a...
Continue Reading- Houzeo last checked: 13 minutes ago
- Listing updated: September 18, 2026 at 7:05 am
- Listing Provided by: Francesca Little (978) 973-7277 | Little & Co., REALTORS® (978) 745-4447
- Source: MLS Property Information Network-MA | MLS#: 73576567

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
17,744 sqft
Lot Size
0.24 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73576567
MLS Status
Active
Days on Market
6

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 32
Bathrooms: 26
Interior
Flooring
Wood
Sewer
Public Sewer
Construction
Year Built
Year Built: 1915
Home type
Multi Family
Construction Materials
Brick
Foundation Details
Concrete Perimeter
Roof
Rubber
Utilities & Energy
Water Source
Public
Other Features
Community Features
Public Transportation, Park, Medical Facility, Laundromat, House Of Worship, Public School, T Station, University
Disclosures
Buyers To Do Their Own Due Diligence To Verify All Income And Expenses. Total Monthly Rent Is $57, 935. Max Allowed In Mls Is $32, 767. Some Photos Have Been Virtually Staged And Edited.
Lot Features
Other
Price History
| Date | Event | Price |
|---|---|---|
09/14/2026 Source: | Listed for Sale | $7,699,000 -3.70% $434/sqft |
05/01/2026 Source: | Listing Removed | $7,995,000 $451/sqft |
04/01/2026 Source: | Listed for Sale | $7,995,000 +87.02% $451/sqft |
01/13/2020 Source: | Price Decreased | $4,275,000 -9.04% $241/sqft |
01/13/2020 Source: | Sold | $4,700,000 $265/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Sep 21, 2026, 04:00AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
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