6 Lathrop Street
6 Lathrop Street
$549,000
5
2
1
1,945
1,945
$282
Description
Cash buyers, contractors and developers take notice. 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 is approved for residential units but is also zoned for commercial use, such as an a business or professional office, service establishment and/or retail, promising both convenience and potential for a lucrative return on investment....Cash buyers, contractors and developers take notice. 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 is approved for residential units but is also zoned for commercial use, such as an a business or professional office, service establishment and/or retail, promising both convenience and potential for a lucrative return on investment. Fully Vacant - will need immediate rehab on first floor for occupancy. Water, sewer, and natural gas utilities have been capped. Perfect for condo conversion or buy, renovate 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.
- Listed by Jenna Lovely • The Lovely Advisory LLC
Property Details for 6 Lathrop Street
Town
Salem
AreaMA-Salem
Garage Spaces0
Parking Spaces2.00
Parking Spaces Total2
Location
LISTING UPDATED: 04/08/2024 03:07 AM
Property Details for 6 Lathrop Street
Status | Active |
---|---|
MLS # | 73220171 |
Days on Market | 26 |
Taxes | $5,128 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 2 Family - 2 Units Up/Down |
Year Built | 1850 |
County | Essex County |
Location
Building Information for 6 Lathrop Street
Stories3Residences2Year Built1850Building Size-Lot Size0.09 AC / 3,851 SF
Payment Calculator
$3,423 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6 Lathrop Street
Property History for 6 Lathrop Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6 Lathrop Street
Taxable ValueLand$157,300Additions$296,800Total$454,100
Tax Record2024$5,277 ($440 / month)
Home Facts
Baths2.5Total Finished SqFt1,945 SqFtAbove Grade Finished SqFt1,945 SqFtUnfinished Basement SqFt775 SqFtStories2Lot Size3,851 SqFtStyleDuplexYear Built1850ZoningB4CountyESSEXAPNSALE M:36 L:0337
Schools near 6 Lathrop Street
This home is within Salem School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Bates Elementary School PublicK to 5 | ||
Horace Mann Laboratory PublicK to 5 | ||
Witchcraft Heights Elementary School PublicK to 5 | ||
Carlton Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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