450 Lafayette Street

Salem, MA 01970

$1,399,900
Price
5
Beds
3
Baths
2
1/2 Baths
3,590 Sq. Ft.
$390 / Sq. Ft.
3,590
Sq. Ft.
$390
per Sq. Ft.

Description

Live by the water while collecting rent and be just 30 minutes to Boston via the Commuter Line! Currently used as a 2-family, but could easily be converted into a single family.— Owner’s unit — The main level includes a modern kitchen, ½ bath, & a grand fireplaced living room featuring hardwood floors, crown moldings, high ceilings, & oversized windows. The regal central staircase leads up to a sitting area & generous primary suite complete with laundry. The third floor has two bedrooms, a bathroom,...Live by the water while collecting rent and be just 30 minutes to Boston via the Commuter Line! Currently used as a 2-family, but could easily be converted into a single family.— Owner’s unit — The main level includes a modern kitchen, ½ bath, & a grand fireplaced living room featuring hardwood floors, crown moldings, high ceilings, & oversized windows. The regal central staircase leads up to a sitting area & generous primary suite complete with laundry. The third floor has two bedrooms, a bathroom, & ample storage in the eaves. In the finished basement, you will find additional storage. —Townhouse-style Rental Unit — 2 spacious bedrooms with one overlooking the ocean. Large living room, kitchen, 1.5 baths, and in-unit laundry. – Outdoor Space – Features a patio area with ocean views, a one-car garage, 2 car driveway & extra parking located on the private drive behind this quintessential New England Home.
  1. Listed by Mike Quail Team • eXp Realty
  2. Listed by Michael Quail • eXp Realty
  3. Listed by Christine Willard • eXp Realty

Property Details for 450 Lafayette Street

Town
Salem
Area
MA-Salem
Garage Spaces
2
Parking Spaces
5.00
Parking Spaces Total
7
LISTING UPDATED: 11/18/2024 03:05 PM

Property Details for 450 Lafayette Street

StatusActive
MLS #73307430
Days on Market23
Taxes$15,098 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1910
CountyEssex County

Virtual Tour

Building Information for 450 Lafayette Street

Stories5Residences2Year Built1910Building Size-Lot Size0.19 AC / 8,150 SF

Property Information for 450 Lafayette Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Living Area: 3590.0
  • Color: Yellow
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Full, Partially Finished, Interior Access
  • Num of Baths: 5.0
  • Num of Full Baths: 3
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Other, Stone/Ceramic Tile
  • Interior Features: Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck, Patio
  • Fencing: Fenced/Enclosed
  • Lot Description: Wooded
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof Material: Slate
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, Navigable Water, Ocean, Bay, Harbor, Marina, Marsh, Public, Beach Access, Walk to, 3/10 to 1/2 Mile To Beach
  • Waterview Features: Bay, Harbor, Ocean, Public, Walk to
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Stone/Gravel
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Stone/Gravel
  • Parking Features: Off-Street, Stone/Gravel
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller will consider offers with buyer broker compensation.
Tax Information
  • Tax ID: M:31 L:0214,2133955
  • Assessments: $1,299,300
  • Book: 16510
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Block
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 2
Income / Expenses
  • GOI: $27,000.00
  • NOI: $27,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $2,275.00

Property History for 450 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 450 Lafayette Street

Taxable ValueLand$356,800Additions$942,500Total$1,299,300
Tax Record2024$15,098 ($1,258 / month)
Home Facts
Baths4Total Finished SqFt3,590 SqFtAbove Grade Finished SqFt3,590 SqFtUnfinished Basement SqFt1,484 SqFtStories3Lot Size8,150 SqFtStyleDuplexYear Built1910ZoningR1CountyESSEXAPNSALE M:31 L:0214Fireplace TypeHas Fireplace

Schools near 450 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
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory
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.

Similar Homes

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450 Lafayette Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on October 29, 2024 by eXp Realty, it's currently listed at $1,399,900. It has been on the market for a total of 23 days and was last sold on August 16, 2000. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Horace Mann Laboratory and Witchcraft Heights Elementary School. 450 Lafayette Street is a 5-bed, 4-bath, 3,590 sqft multi-family home built in 1910.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty, Mike Quail Team; eXp Realty, Michael Quail; eXp Realty, Christine Willard

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.