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.
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Last Checked: July 8th, 2025 at 7:03am (Source: MLS PIN #73324811)
General Information for 275 Lafayette Street, Salem MA 01970
Listing ID73324811
Price$1,700,000
Land TypeResidential
Approx AcresApprox. 0.52 acres (22,651 SqFt)
Number of Lots
Approximate Street Frontage
Road Frontage Type
ZoningHIST
ElectricOn-site
GasOn-Site
WaterPublic
SewerPublic Sewer
Cultivation AcresNone
Pasture AcresNone
Timber AcresNone
PERC Test
PERC Test DateUnknown
AssociationNo
Association Required
Association Fee$0
Lot FeaturesGentle Sloping
WaterfrontNo
Waterfront Features
View
Disclosures for 275 Lafayette Street, Salem MA 01970
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Financial Information for 275 Lafayette Street, Salem MA 01970
AssociationNo
Association Fee$0
Tax$23,690
Tax Year2024
Assessed Value$1,158,300
Contact Information for 275 Lafayette Street, Salem MA 01970