315 Lafayette Street

    Salem, MA 01970
    • $795,000
    • STATUS: Contingent
    • MLS #: 72634819
    Under Contract
    UPDATED: 22 min ago
    $795,000
    • 8
      BEDS
    • 0.1
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,267
      SQFT
    • $243
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Anne Foster of Glover Brokerage Corporation.

    Description

    Interest rates are low, consider investing in a great 3 unit building. Extensive work has been done to this building, both exterior & interior. Improvements to exterior include a new roof, new decking on 1st & 2nd floors with new railings on 1st floor deck only, & 3 of 4 exterior walls are fiber cement siding. Interior of units 1 & 2 have also had significant improvements - a great pantry, all new SS appliances in the eat-in kitchens, mostly new windows, updated bathrooms, some new tiling & flooring as required, new countertops as required, & much more. The smaller unit on the 3rd floor offers living room, kitchen, bath & 2 bedrooms or 1 bedroom plus dining room. The building also offers a full, unfinished basement, plenty of storage space, washer/dryer hook up, & bulkhead to the back yard. All separate utilities for each unit. Rents include water & sewer, trash removal, common area utilities, snow plowing & landscaping. Parking 1 single spot, 2 tandem spots. A great opportunity.

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    The property listing data and information 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 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 set forth herein. Data last updated 2020-04-07T11:07:01.547.
    www.dna-realty.com/homes/104249200

    315 Lafayette Street Salem, MA 01970

    • Price: $795,000
    • Status: Contingent
    • Updated: 22 min ago
    • MLS #: 72634819
    8
    Beds
    3
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,267
    SQFT
    $243
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Interest rates are low, consider investing in a great 3 unit building. Extensive work has been done to this building, both exterior & interior. Improvements to exterior include a new roof, new decking on 1st & 2nd floors with new railings on 1st floor deck only, & 3 of 4 exterior walls are fiber cement siding. Interior of units 1 & 2 have also had significant improvements - a great pantry, all new SS appliances in the eat-in kitchens, mostly new windows, updated bathrooms, some new tiling & flooring as required, new countertops as required, & much more. The smaller unit on the 3rd floor offers living room, kitchen, bath & 2 bedrooms or 1 bedroom plus dining room. The building also offers a full, unfinished basement, plenty of storage space, washer/dryer hook up, & bulkhead to the back yard. All separate utilities for each unit. Rents include water & sewer, trash removal, common area utilities, snow plowing & landscaping. Parking 1 single spot, 2 tandem spots. A great opportunity.
    Exterior Features

    Beach Description Harbor Beach Miles To 3/10 To 1/2 Mile Beach Ownership Public Beachfront Yes Color Beige Exterior ClapboardFiber Cement Siding Exterior Features PorchDeck Foundation IrregularOther (See Remarks) Lot Description Gentle Slope Parking Features Off-Street Parking Spaces 3 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeDishwasherDisposalRefrigeratorVent Hood Appliances Unit2 RangeDishwasherDisposalRefrigeratorVent Hood Appliances Unit3 RangeDishwasherDisposalRefrigerator Basement Yes Basement Features FullBulkheadUnfinished Basement Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Units 0 Cooling Zones 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodVaries Per Unit Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Heat Zones 3 Heating Unit1 Forced AirGas Heating Unit2 Forced AirGas Heating Unit3 Forced AirGas Hot Water Natural Gas Interior Features Unit1 PantryWood FlooringBathroom With Tub & Shower Interior Features Unit2 PantryWood FlooringBathroom With Tub & Shower Interior Features Unit3 Wood Flooring Levels 3 Levels Unit1 1 Levels Unit2 2 Levels Unit3 3 Rooms 16 Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomDining RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Unit1 6 Rooms Unit2 6 Rooms Unit3 4

    Property Features

    Adult Community No Amenities Public TransportationParkUniversity Apod Available No Assessments 513200.00 Disclosure No Disclosures Gas & Electricity Costs Quoted Are For House Meters Only. Units Separately Metered For HeatHot Water & Electricity. Refuse Expense is For Building. As Units 1 & 2 Have Been Empty Due To Work On BuildingNo Accurate Reading On Water & Sewer Charges. Electric Features Circuit BreakersIndividually Metered Expenses Source Estimated Gross Operating Income 54000 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 52850 Rent Description Unit1 Other (See Remarks) Rent Description Unit2 Other (See Remarks) Rent Description Unit3 Other (See Remarks) Rent Unit1 0 Rent Unit2 0 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 7475.45 UFFI Unknown Utility Connections For Gas RangeFor Gas OvenFor Gas DryerWasher Hookup Warranty No Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning R3

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Anne Foster of Glover Brokerage Corporation.


    The property listing data and information 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 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 set forth herein. Data last updated 2020-04-07T11:07:01.547.
     
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    Listing courtesy of Anne Foster of Glover Brokerage Corporation.