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14 Lathrop Street, Salem MA 01970

Salem, MA 01970 • Downtown
$729,900
Est. $4,304/month
5
Beds
2.5
Baths
1,912
Sq Ft
$382
Price/Sq Ft
0.05
Acres
1850
Year Built
Multi Family
Type
34
Days on Market
Pending Price Drop -$50,000 Listed Nov 18, 2025 • MLS# 73455967 Copied!

About this home

Big Price Adjustment! Priced to Sell! Just steps to Salem's burgeoning waterfront and bustling downtown, this two-family home in an ultra-desirable location is perfect for investors and home owners alike. Close to Downtown Salem, Salem State University, Collins Cove & more, this two family home offers recently updated units, complete with new kitchens and baths. Minutes to Salem's MBTA Commuter Rail Station with easy access to Boston. Property is completely turn key with stainless steel appliances, updated granite counters and cabinets and washers & dryers. Unit 1 is a 2 bedroom and 1 bath. Unit 2 is a two-level, townhouse/loft style unit with 3 bedrooms and 1.5 bath. Property to be delivered vacant but, was bringing in $6,000 a month in rent! Fully insulated through the Mass Save program. Great opportunity! Don't miss out!

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1850
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,912 sq ft
Total Rooms
10
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1850
Living Area 1,912 sq ft
Lot Size 0.05 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 10

Interior

Heating Forced Air, Electric, Natural Gas
Cooling Window Unit(s)
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Walk-out Access, Interior Entry, Unfinished
Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Features Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-in Closet(s), Bathroom With Shower Stall, Open Floorplan, Smart Thermostat, Remodeled, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Loft, Office/den

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Garden, Stone Wall
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Patio

Parking

Features Paved Drive, Off Street, Tandem, Driveway, Paved
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,958
Assessed Value $437,200

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Open Floorplan, Smart Thermostat, Remodeled, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Loft, Office/Den
Windows: Insulated Windows
Basement: Walk-Out Access, Interior Entry, Unfinished
Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1850
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Electric, Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Rain Gutters, Garden, Stone Wall
Patio & Porch: Porch, Patio
Fencing: Fenced
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem, Driveway, Paved

Location

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Neighborhood

Downtown

14 Lathrop Street, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
⚠ School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
↓ 1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
2.3 mi
Grades PK-08
B-
Carlton School
0.1 mi | #468 of 824 | Score: 45.6
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.5 mi | #568 of 824 | Score: 42.3
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
0.9 mi | #325 of 824 | Score: 50.0
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
1.2 mi | #460 of 824 | Score: 45.8
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
1.9 mi | #388 of 824 | Score: 48.1
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
2.0 mi | #671 of 824 | Score: 37.4
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
1.4 mi | #219 of 352 | Score: 39.5
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.0 mi | #139 of 346 | Score: 56.7
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
2.1 mi | #144 of 346 | Score: 56.1
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $413
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

⏳
Pending Sale
Dec 11, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Nov 18, 2025
$729,900
Original listing
Agent: Edward Deveau Office: Century 21 Mario Real Estate
🏠
Listed for Sale
Nov 18, 2025
$729,900
Original listing
Agent: Edward Deveau Office: Century 21 Mario Real Estate

Price & Status History

Date Event Price Change
Nov 18, 2025 New Listing Added $729,900 —
Nov 18, 2025 New Listing Added $729,900 —

Market Statistics

Days on Market
34 days
Price per Sq Ft
$382
Total Price Drop
-$50,000

Tax History

Year Taxes Assessment
2025 $4,958 $437,200

Financial Details

Annual Property Tax
$4,958
Tax Year 2025
Assessed Value
$437,200

Listing Information

Listing Agent Edward Deveau
Listing Office Century 21 Mario Real Estate
Agent MLS ID CN211734
Office MLS ID BB2945

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

14 Lathrop Street, Salem MA 01970 - Photo 1 14 Lathrop Street, Salem MA 01970 - Photo 2 14 Lathrop Street, Salem MA 01970 - Photo 3 14 Lathrop Street, Salem MA 01970 - Photo 4 14 Lathrop Street, Salem MA 01970 - Photo 5 14 Lathrop Street, Salem MA 01970 - Photo 6 14 Lathrop Street, Salem MA 01970 - Photo 7 14 Lathrop Street, Salem MA 01970 - Photo 8 14 Lathrop Street, Salem MA 01970 - Photo 9 14 Lathrop Street, Salem MA 01970 - Photo 10 14 Lathrop Street, Salem MA 01970 - Photo 11 14 Lathrop Street, Salem MA 01970 - Photo 12 14 Lathrop Street, Salem MA 01970 - Photo 13 14 Lathrop Street, Salem MA 01970 - Photo 14 14 Lathrop Street, Salem MA 01970 - Photo 15 14 Lathrop Street, Salem MA 01970 - Photo 16 14 Lathrop Street, Salem MA 01970 - Photo 17 14 Lathrop Street, Salem MA 01970 - Photo 18 14 Lathrop Street, Salem MA 01970 - Photo 19 14 Lathrop Street, Salem MA 01970 - Photo 20 14 Lathrop Street, Salem MA 01970 - Photo 21

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