6 Lathrop Street, Salem, MA 01970
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
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
- Living area:1,945 sq. ft.
Structure and exterior
- Year built:1850
- Building area:1,945 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$307.97
- Tax amount:$5,128
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