Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

233 Lafayette

Salem, MA ID #73494351

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233 Lafayette

- Salem, MA ID #73494351

Property 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 attached OM for detailed financials.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01970
  • Taxes: 51,331
  • Levels: 3
  • Acres: 0.24

Rooms/Dimensions

  • Total Units: 26
  • Total Floors: 3
  • Total Rooms: 62

Location

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233 Lafayette, Salem, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Francesca Little of Little & Co., REALTORS®. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.