197 Lafayette St, Salem, MA 01970 - Photo 1

1/1

$575,000

Sold
Closed
Commercial

1/1

Property Description

Large 9 Room, 4 Bedrooms, 3 Bathrooms Federal Style Colonial In Much Sought After Location! Currently Zoned And Operated As A Mixed-Use Property With Great Visibility! Great Airbnb or Multi Family Potential! 1st Floor Commercial Space Currently Used As An Eye Doctor Office. 5 Spacious Rooms and 2 Half Baths! 2nd Floor Residential Space Has 4 Rooms, Eat-In Kitchen, Living Room With Hardwood Floors, 2 Additional Bedrooms and 1 Full Bath! Deck Off Primary Bedroom For Outdoor Enjoyment. Walk Up Attic for Additional Storage or Expansion Possibility. Parking For 6 Cars and Yard For Entertaining! Minutes to Downtown Salem Restaurants, Shopping, Museums and Pickering Wharf!

Full Property Details

Full Property Details for 197 Lafayette St

General

Sold For: $575,000
Taxes: $6,019 (2023)
Status: Closed
Type: Commercial
MLS ID: 73157988
Added to Site: 860 day(s) ago

Location

County: Essex

Structural Information

Year Built: 1915

Lot Features

Lot Size (Acres): 0.09

Financial Considerations

Tax Amount: $6,019.81
Tax Year: 2023

Disclosures and Reports

Property ID: 4078722

Listed and Sold by Toner Real Estate, LLC, Colleen Toner

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Listing agent

— 197 Lafayette St —

Colleen Toner

Toner Real Estate, LLC

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Schools

Schools serving 197 Lafayette St

School District:Salem School District, Salem, MA

Name	Grades	Distance
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.1 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1 mi
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	1.2 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	0.7 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.1 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.4 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 197 Lafayette St

Date

Details

Price

Change

Source

3/01/2024

Sold

$575,000

-17.85%

MLS

11/13/2023

Price Reduced

$699,900

-6.67%

MLS

10/16/2023

Price Reduced

$749,900

-6.25%

MLS

9/19/2023

Price Reduced

$799,900

-5.88%

MLS

9/11/2023

Listed

$849,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

5 Orchard St, Peabody, MA 01960 - Photo 1

Just Listed

$699,000

Open House

5 Orchard St Peabody, MA 01960

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
2,016
Sq. Ft.

98 Foster St, Peabody, MA 01960 - Photo 1

Just Listed

$1,100,000

98 Foster St Peabody, MA 01960

Multi-Family
Active
Updated 2 days ago

2
Units
3
Total Beds
0.16
Acres

Just Listed

$595,500

Open House

8 Temi Rd Peabody, MA 01960

Single Family
Active
Updated 3 days ago

5
Beds
2
Total Baths
2,456
Sq. Ft.

158 Lowell St, Peabody, MA 01960 - Photo 1

Just Listed

$567,000

Open House

158 Lowell St #4 Peabody, MA 01960

Condo
Active
Updated 2 hours ago

2
Beds
1
Total Bath
1,558
Sq. Ft.

1100 Salem St, Peabody, MA 01940 - Photo 1

Price Reduced

-$10,000 (-1.85%)

$529,900

1100 Salem St #58 Peabody, MA 01940

Townhouse
Active
Updated 12 hours ago

2
Beds
3
Total Baths
1,268
Sq. Ft.

13 Giles Ave, Beverly, MA 01915 - Photo 1

Price Reduced

-$19,900 (-5.69%)

$330,000

13 Giles Ave #2 Beverly, MA 01915

Condo
Active
Updated 1 day ago

2
Beds
1
Total Bath
657
Sq. Ft.

40 Buena Vista St, Swampscott, MA 01907 - Photo 1

Price Reduced

-$49,900 (-8.32%)

$550,000

40 Buena Vista St Swampscott, MA 01907

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,082
Sq. Ft.

Price Reduced

-$19,000 (-3.81%)

$480,000

35 High St #3D Danvers, MA 01923

Townhouse
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,416
Sq. Ft.

Sold

$505,000

9 Lyme St Salem, MA 01970

Single Family
Closed
Updated 9 days ago

4
Beds
1
Total Bath
1,373
Sq. Ft.

Sold

$602,000

8 Ward St Salem, MA 01970

Multi-Family
Closed

2
Units
5
Total Beds
0.04
Acres

Sold

$520,000

39 Leach St #1 Salem, MA 01970

Condo
Closed

3
Beds
1
Total Bath
1,299
Sq. Ft.

262 Lafayette St, Salem, MA 01970 - Photo 1

Sold

$610,000

262 Lafayette St #2 Salem, MA 01970

Condo
Closed

2
Beds
2
Total Baths
1,502
Sq. Ft.

197 Lafayette St, Salem, MA 01970 (MLS# 73157988) is a Commercial property that was sold at $575,000 on March 01, 2024. Want to learn more about 197 Lafayette St? Do you have questions about finding other Commercial real estate for sale in South Salem? You can browse all South Salem real estate or contact a Coldwell Banker agent to request more information.

197 Lafayette St Salem, MA 01970