6 Lathrop Street, Salem, MA 01970

Salem
Local realty services provided by:Metropolitan Homes
6 Lathrop Street,Salem, MA 01970
$599,000
  • 5 Beds
  • 3 Baths
  • 1,945 sq. ft.
  • Multi-family
  • Active
Listed by: jenna lovely
Office: the lovely advisory llc
MLS#:73182201
Source:MLSPIN

Price summary

  • Price:$599,000
  • Price per sq. ft.:$307.97

About this home

CONTRACTORS AND DEVELOPERS TAKE NOTICE. Welcome to an exciting and rare investment opportunity in a prime location! This two-family home has been FULLY APPROVED FOR 3 UNITS, making it an ideal project for contractors looking to capitalize on the growing demand for multi-unit properties. Located in a highly sought-after area, this property promises both convenience and potential for a lucrative return on investment. If you are not ready to add the 3rd unit, Unit 2 is turnkey, rental-ready, and comes fully furnished for mid-term rental or AirBnb to gain instant income! Unit 2 offers 3 beds and 1.5 baths. Unit 1 is also primed for a makeover to produce passive income, offering 2 beds and 1 bath. Fully Vacant - Perfect for condo conversion or buy and hold. With a short walk to both downtown Salem and Beverly, this two-family home with approval for three units is a rare find in this coveted location.

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Home facts

  • Year built:1850
  • Listing ID #:73182201
  • Updated:January 23, 2024 at 02:14 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:13
  • Dining Description:Dining Room
  • Kitchen Description:Kitchen
  • Basement Description:Unfinished
  • Living area:1,945 sq. ft.

Structure and exterior

  • Year built:1850
  • Building area:1,945 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Zero Lot Line
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$307.97
  • Tax amount:$5,128
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. MLSPIN Member Broker: Michael Albano

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