32-34 Lafayette Pl, Salem MA 01970

Salem, MA 01970
$850,000
Est. $4,524/month
4
Beds
2
Baths
2,948
Sq Ft
$288
Price/Sq Ft
0.15
Acres
1923
Year Built
2 Family - 2 Units Side by Side
Type
18
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73272754

About this home

Don't miss this fantastic opportunity! Nestled in South Salem neighborhood, this beautiful, sun-drenched, turnkey 2-family home offers both immediate benefits and long-term potential. Whether you're an investor looking to maximize income potential by renting out both units or a homeowner seeking to offset mortgage costs by living in one unit while renting out the other, this is for you! Enjoy easy access to the commuter rail, waterfront, and downtown!Offer deadline Wednesday August 7th 12pm

Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $850,000
Difference: +$51,000 (+6.4%)
Performance Metrics
106.4%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $271
Sale $/sq ft: $288
This property sold for $288 per square foot
Sale Summary

This property sold for 6.4% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Side by Side
Property Category
Residential Income
Year Built
1923
Bedrooms
4
Full Bathrooms
2
Living Area
2,948 sq ft
Total Rooms
13
Stories
4
Levels
4

Interior Features

Has Fireplace
Yes
Number of Fireplaces
2

Exterior & Structure

Foundation
Block, Other
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,517 sq ft
Lot Size Area
0.1500
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Tandem
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,923
Tax Year
2024
Tax Assessed Value
$681,800
Parcel Number
M:33 L:0490,2135103
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Listing agent is property owner. Both units to be delivered vacant, although tenants (both TAW) would be open to staying. Both units are oil heat. Unit 32 is gas heat for the water. Unit 34 is oil heat for the water.

Location

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Neighborhood

32-34 Lafayette Pl, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $660
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6%
Price Range
21
Total Days on Market

Property Timeline

Sold
Sep 27, 2024
$850,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Aug 2, 2024
$799,000
Original listing
Agent: Peter Souhleris Office: Citylight Homes LLC

Price & Status History

Date Event Price Change
Aug 2, 2024 New Listing Added $799,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$288

Tax History

Year Taxes Assessment
2024 $7,923 $681,800

Financial Details

Annual Property Tax
$7,923
Tax Year 2024
Assessed Value
$681,800

Listing Information

Listing Agent Peter Souhleris
Listing Office Citylight Homes LLC
Agent MLS ID NB110788
Office MLS ID AN6617

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