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Listing: 136 of 200 (Limit Exceeded) Updated 49 minutes ago

275 Lafayette Street Salem, MA 01970

Land $1,700,000



Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.


General Information for 275 Lafayette Street Salem, MA 01970

Town Salem
County Essex
Status Under Contract
Listing Number 73324811 (MLSPIN)

Rooms Information for 275 Lafayette Street Salem, MA 01970

Interior Information for 275 Lafayette Street Salem, MA 01970

Exterior Information for 275 Lafayette Street Salem, MA 01970

Lot Size 0.52 acres
Lot Description Gentle Sloping
Lot Gentle Sloping
Water Public
Sewer Public Sewer

Neighborhood Information for 275 Lafayette Street Salem, MA 01970

Neighborhood Amenities Public Transportation
Shopping
Park
Bike Path
Public School
University

Miscellaneous Information for 275 Lafayette Street Salem, MA 01970

Association Fee 0
Taxes $23,690 /Yr
Comp Buyer Agency Compensation:
Buyer Agency Compensation Type:
Sub Agency Compensation:
Sub Agency Compensation Type:
Transaction Broker Compensation:
Compensation Based On:
Sub-Agency Relationship Offered:

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Listing provided courtesy of merryfox realty

Market Snapshot as of May 8, 2025 (Last 30 days)

Condo Data
Units 6,865
Avg Price $1,002,948
Avg Days Listed 86
Total New Listings 44
House Data
Units 11,485
Avg Price $1,304,182
Avg Days Listed 75
Total New Listings 23
Multi-Family Data
Units 1,803
Avg Price $1,307,305
Avg Days Listed 102
Total New Listings 10

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Listing: 136 of 200 (Limit Exceeded) Updated 49 minutes ago
Real Estate LogoThe property listing data and information 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 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 set forth herein. (C95279/TEAM0226)