275 Lafayette Street

Salem, MA 01970

$1,700,000
Price
22,651 / 0.52
Lot Size / Acres

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.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.
  1. Listed by Merry Fox Team • MerryFox Realty
  2. Listed by Daniel Fox • MerryFox Realty

Property Details for 275 Lafayette Street

Town
Salem
Area
MA-Salem
LISTING UPDATED: 01/13/2025 03:22 AM

Property Details for 275 Lafayette Street

StatusActive
MLS #73324811
Days on Market6
Taxes$23,690 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyEssex County

Building Information for 275 Lafayette Street

Lot Size0.52 AC

Property Information for 275 Lafayette Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Public School, University
  • Waterfront: No
  • Water View: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Gentle Sloping
Utilities
  • Electric: On-Site
  • ElectricOnPropertyYN: Yes
  • Gas: On-Site
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 3304380,2135031
  • Assessments: $1,158,300
  • Book: 39779
  • Tax Year: 2024
  • Zoning: HIST
Building / Association Information
Complex & Association Information
  • Adult Community: No

Property History for 275 Lafayette Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 275 Lafayette Street

Taxable ValueLand$254,400Additions$745,600Total$1,000,000
Tax Record2024$23,690 ($1,974 / month)
Home Facts
Baths2.5Total Finished SqFt5,074 SqFtAbove Grade Finished SqFt5,074 SqFtUnfinished Basement SqFt4,822 SqFtStories1Lot Size22,499 SqFtStyleGovernmental / Public UseYear Built1900CountyESSEXAPNSALE M:33 L:0438

Schools near 275 Lafayette Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory
PublicPK to 5

Bates Elementary School
PublicPK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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275 Lafayette Street is a 0.52 ac of land for sale in Salem, MA 01970. This property was listed for sale on January 9, 2025 by MerryFox Realty, it's currently listed at $1,700,000. It has been on the market for a total of 6 days and was last sold on August 5, 1997. This listing's school district is Salem School District. Nearby schools include Horace Mann Laboratory, Bates Elementary School and Witchcraft Heights Elementary School. 275 Lafayette Street is a 0-bed, 0-bath, 0.52 ac of land on a 22,651 sq. ft. / 0.52 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MerryFox Realty, Merry Fox Team; MerryFox Realty, Daniel Fox

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.