FOR SALE
6 Lathrop St
Salem, MA 01970
5 Beds
3 Baths
1,945 sqft
- 5 Beds
- 3 Baths
- 1,945 sqft
5 Beds
3 Baths
1,945 sqft
Local Information
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Commute Destination
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. 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.
Home Highlights
Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$282
Listed
24 days ago
Home Details for 6 Lathrop St
Interior Features |
|---|
Interior Details Basement: UnfinishedNumber of Rooms: 13 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1945 Square Feet |
Heating & Cooling Heating: Baseboard,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa No FireplaceNo Spa |
Levels, Entrance, & Accessibility Number of Stories: 3 |
Exterior Features |
|---|
Exterior Home Features Foundation: Stone, Brick/Mortar |
Parking & Garage No GarageParking Spaces: 2 |
Frontage Waterfront: Beach Front, 0 to 1/10 Mile To BeachNot on Waterfront |
Water & Sewer Sewer: Other |
Days on Market |
|---|
Days on Market: 24 |
Property Information |
|---|
Year Built Year Built: 1850 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Up/Down |
Building Does Not Include Home Warranty |
Property Information Parcel Number: 2137470 |
Price & Status |
|---|
Price List Price: $549,000Price Per Sqft: $282 |
Active Status |
|---|
MLS Status: Active |
Location |
|---|
Direction & Address City: Salem |
Agent Information |
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Listing Agent Listing ID: 73220171 |
Building |
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Building Area Building Area: 1945 Square Feet |
Community |
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Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Private School, Public School, T-Station, UniversityNot Senior Community |
Lot Information |
|---|
Lot Area: 3851 sqft |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 1Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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BasementMls Number: 73220171Compensation Based On: Net Sale Price |
Additional Information |
|---|
Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsMedical FacilityLaundromatBike PathConservation AreaMarinaPrivate SchoolPublic SchoolT-StationUniversity |
Last check for updates: 1 day ago
Listing courtesy of Jenna Lovely
The Lovely Advisory LLC
Jenna Lovely
Source: MLS PIN, MLS#73220171
Price History for 6 Lathrop St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/04/2024 | $549,000 | Listed For Sale | MLS PIN #73220171 |
| 01/26/2024 | $599,000 | ListingRemoved | MLS PIN #73182201 |
| 12/28/2023 | $599,000 | PendingToActive | MLS PIN #73182201 |
| 12/27/2023 | $649,000 | Contingent | MLS PIN #73182201 |
| 11/21/2023 | $649,000 | Listed For Sale | MLS PIN #73182201 |
| 03/01/2021 | $400,000 | Sold | N/A |
| 06/05/2006 | $267,500 | Sold | N/A |
| 12/24/2003 | $320,000 | Sold | N/A |
| 05/19/2003 | $205,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $5,128 |
| Assessment | $409,900 |
Home facts updated by county records
Comparable Sales for 6 Lathrop St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Multi-Family Home | $350,000 | 11/16/23 | 4 | 3 | 1,883 | |
0.24 | Multi-Family Home | $810,000 | 10/18/23 | 5 | 2 | 2,336 | |
0.25 | Multi-Family Home | $425,000 | 11/13/23 | 4 | 2 | 1,435 | |
0.25 | Multi-Family Home | $850,000 | 11/20/23 | 4 | 2 | 2,490 | |
0.24 | Multi-Family Home | $776,000 | 09/18/23 | 7 | 3 | 2,843 | |
0.23 | Multi-Family Home | $650,000 | 08/18/23 | 3 | 2 | 1,834 | |
0.32 | Multi-Family Home | $645,000 | 11/02/23 | 3 | 2 | 1,678 | |
0.49 | Multi-Family Home | $750,000 | 09/22/23 | 5 | 2 | 1,920 | |
0.50 | Multi-Family Home | $435,000 | 06/15/23 | 4 | 2 | 1,814 | |
0.33 | Multi-Family Home | $745,000 | 01/04/24 | 5 | 4 | 2,965 |
What Locals Say about Salem
- Trulia User
- Visitor
- 1y ago
"keeping eyes on each others respectful discipline and understanding, protecting eachothers, . their neighbors "
- Trulia User
- Resident
- 1y ago
"I've lived here for about 5 years now and it is a great neighborhood. everyone is friendly and outgoing and there is a convenience store within walking distance and a close ride to downtown Salem or peabody. "
- Trulia User
- Resident
- 1y ago
"my neighborhood is great because you're in between downtown Salem and the highway so you don't have to drive through Salem during Halloween at all!"
- Trulia User
- Resident
- 3y ago
"I live here from 1 year and i like the position near the city and highways. I dont like only that "its not the feeling of comunity and neighborhood feeling". "
- Shannon D.
- Resident
- 3y ago
"The dog park is great if you don’t have a yard! It’s on north street in Salem, just have to make sure to register prior to entry"
- Credicab85
- Resident
- 3y ago
"Ive lived here my whole life and love it friendly historic area and unique neighborhoods. Amazing to see the old houses still in perfect condition, right next to brand new construction "
- Maxsons
- Resident
- 3y ago
"Great parks and close to downtown activities and the museum is right there very close schools, walking distance "
- Darlenis S.
- Resident
- 3y ago
"Close by to where we live. Train station is about 5 minutes away and there are bus stops pretty much on every corner"
- Pagemasterdesigns
- Resident
- 4y ago
"I’ve lived in Salem for 26 years. Most of that time has been in South Salem. Everyone is very friendly, dog owners respectful, the city keeps it super clean. It’s a great place to live. We raised 5 children here and all attended the public schools. "
- Ally K. S.
- Resident
- 4y ago
"The dog park is great. They have a small one for the little pups! lots of public parks and beaches. Lots of nice land scape to look at on walks!"
- Carl Panzram
- Resident
- 4y ago
"My neighborhood boasts the uniquely gigantic one way street to observe all the ballin’ colonial mansions."
- ARBrandner
- Resident
- 4y ago
"Great access to public transit; We are close to 128/95, 1, and 1A. Traffic can be brutal in October, but is not so terrible that I would want to move. "
- Pagemasterdesigns
- Resident
- 4y ago
"There is great access to public transportation all around Salem. The traffic is a nightmare though. We commute to Woburn daily and must leave an hour and a half early to get there. That is the downside. Traffic in and out of Salem is horrible most days too. You have to know the back roads to get around fairly quickly "
- Mia E. F.
- Resident
- 4y ago
"it's a real life Halloween town with the positives of both a small town and a court all rolled into one"
- Ntpeirce
- Resident
- 4y ago
"I take the bus to the commuter rail and then it is 30 minutes to north station in Boston. Or I can walk about 15 minutes to the train if I have time."
- Elvido P.
- Resident
- 4y ago
"Great! I love the place, it’s quiet and no noise! Salem is the best town ever. Great places, stores, etc! "
- Krystle R.
- Visitor
- 4y ago
"I don’t live in the area I work in the area every October and I love it, aside from tourist traffic but I would love to live here!"
- Stephanie W.
- Resident
- 4y ago
"Salem is crowded & expensive. I don’t know much about the schools, if I had to guess, I’d probably chose private school. "
- Jennifer A. L.
- Resident
- 4y ago
"I've lived here for 3 years and its family friendly, with people from all walks of life, we have become.close with our neighbors!"
- Sheree
- Resident
- 4y ago
"Just moved here and love the community vibe. Very safe and beautiful. Feels like vacation every day. "
- Michaeldossantos83
- Resident
- 4y ago
"nice place to walk dogs and very dog friendly. almost everyone has dogs here. also lots of interesting places and dog parks."
- Cmsmous
- Resident
- 4y ago
"Beautiful neighborhood I love it . Very convenient to comité to Boston using the commuter rail or boating "
- Jaesundarkson
- Resident
- 4y ago
"All the stores in town are very dog friendly and people have a great fondness and are very welcoming to dogs in Salem."
- Chztruck
- Resident
- 4y ago
"The commute on 128 & 93 are the worst. If I leave 5 minutes late, traffic is far worse. The evening commute is even worse then the morning."
- Chztruck
- Resident
- 4y ago
"Haunted Happenings, waterfront, national park service, Peabody Essex Museum, restaurants, Ferry to Boston, commuter rail."
- Jaydan20008
- Resident
- 4y ago
"great place to leave quiet neighborhood everything is there and fun in Halloween i want to buy a house in salem because i fall in love with salem"
- Sheree
- Resident
- 4y ago
"Great area very community focused great neighbors very kid and dog friendly. Easy access to parks and water"
- Aileen D. L. C.
- Resident
- 5y ago
"There is a dog park nearby and everyone walks their dogs and the neighborhood is extremely Dog friendly. "
- Tirwa_kailash2009
- Resident
- 5y ago
"Very quite area, helpful neighbor. Walk to history of witch museum and every thing around this place. Anything leave outside will not loss and taken by anyone. "
- Savagenightlife
- Resident
- 5y ago
"i love it. food is amazing the music is amazing it's a great team it's also very dog friendly and it's a very open and accepting and loving community"
- Joehascrabs
- Resident
- 5y ago
"The streets are drag racing strips from people trying to avoid the many many many traffic lights. Speed signs are not enforced on side streets so children can't play outside."
- Joehascrabs
- Resident
- 5y ago
"Putnam St. is a drag strip for commuters trying to avoid the traffic lights every 500 feet. If you have pets the Saturday night fire crackers and m80s will have every dog in the area barking when everyone is trying to sleep followed by the sirens of the police. Salem is a party town were older and handicap people aren't protected."
- Sethjrobert
- Resident
- 5y ago
"Plenty of parks nearby with dedicated dog parks that are clean and active with other people from the community. Bike path also great for safe, long outdoor adventures."
- Kayla L.
- Resident
- 5y ago
"Perfect gym facility down the street at the Salem YMCA that hosts all kinds of sports and activities for kids. "
- Jazconley
- Resident
- 5y ago
"There are a lot of Art events, Farmers Market. Halloween is a must in October! Salem cinema, and many restaurants."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jenna Lovely, The Lovely Advisory LLC
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
6 Lathrop St, Salem, MA 01970 is a 5 bedroom, 3 bathroom, 1,945 sqft multi-family built in 1850. This property is currently available for sale and was listed by MLS PIN on Apr 4, 2024. The MLS # for this home is MLS# 73220171.