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.
Sold for $1,375,000
$1,375,000
275 Lafayette St, Salem, MA 01970
--beds
0baths
0.52Acres
Residential
Built in ----
0.52 Acres Lot
$-- Zestimate®
$--/sqft
$3,195 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,195/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Merry Fox Team 978-808-8064,
MerryFox Realty 978-808-8064,
Daniel Fox 978-808-8064
Bought with:
Merry Fox Team
MerryFox Realty
Source: MLS PIN,MLS#: 73324811
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
Property
Lot
- Size: 0.52 Acres
- Features: Gentle Sloping
Details
- Parcel number: 3304380,2135031
- Zoning: HIST
Utilities & green energy
- Electric: On-Site
- Gas: On-Site
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Bike Path, Public School, University
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Tax assessed value: $1,158,300
- Annual tax amount: $23,690
- Date on market: 11/24/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $1,375,000-19.1% |
Source: MLS PIN #73324811 Report a problem | ||
| 2/27/2025 | Contingent | $1,700,000 |
Source: MLS PIN #73324811 Report a problem | ||
| 2/14/2025 | Listed for sale | $1,700,000 |
Source: MLS PIN #73324811 Report a problem | ||
| 2/5/2025 | Contingent | $1,700,000 |
Source: MLS PIN #73324811 Report a problem | ||
| 1/9/2025 | Listed for sale | $1,700,000 |
Source: MLS PIN #73324811 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01970
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Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.3 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.8 mi
- Massachusetts
- Essex County
- Salem
- 01970
- 275 Lafayette St
