Big Price Adjustment! Priced to Sell! Just steps to Salem’s burgeoning waterfront and bustling downtown, this two-family home in an ultra-desirable location is perfect for investors and home owners alike. Close to Downtown Salem, Salem State University, Collins Cove & more, this two family home offers recently updated units, complete with new kitchens and baths. Minutes to Salem’s MBTA Commuter Rail Station with easy access to Boston. Property is completely turn key with stainless steel appliances, updated granite counters and cabinets and washers & dryers. Unit 1 is a 2 bedroom and 1 bath. Unit 2 is a two-level, townhouse/loft style unit with 3 bedrooms and 1.5 bath. Property to be delivered vacant but, was bringing in $6,000 a month in rent! Fully insulated through the Mass Save program. Great opportunity! Don’t miss out!
Current real estate data for Multi Family in Salem as of Dec 08, 2025
15
Multi Family Listed
173
Avg DOM
301
Avg $ / SqFt
$1,449,500
Avg List Price
Property Details
Price:
$729,900
MLS #:
73455967
Status:
Active
Beds:
5
Baths:
2.5
Type:
Multi Family
Neighborhood:
downtown
Listed Date:
Nov 18, 2025
Finished Sq Ft:
1,912
Total Sq Ft:
1,912
Lot Size:
2,108 sqft / 0.05 acres (approx)
Year Built:
1850
Units:
2
Schools
Elementary School:
Bates
Middle School:
Salem Middle
High School:
Salem High
Interior
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Flooring
Wood
Heating
Forced Air, Electric, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters, Garden, Stone Wall
Parking Features
Paved Drive, Off Street, Tandem, Driveway, Paved
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2025
Taxes
$4,958
Map
Contact Us
Mortgage Calculator
Community
- Address14 Lathrop Street Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Property Summary
- 14 Lathrop Street Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $729,900 To schedule a showing of MLS#73455967 at 14 Lathrop Street in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Century 21 Mario Real Estate. The 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.
14 Lathrop Street
Salem, MA