Property details
Rare opportunity to acquire a fully renovated 26-unit brick asset in one of Salem’s most active rental markets. The Property consists of twelve (12) one-bedroom units, six (6) two-bedroom units and eight (8) studios. 233 Lafayette Street offers investors immediate scale, strong in-place income, and a true turnkey profile with major capital improvements already executed. The property has undergone an extensive renovation in 2020, including a new roof, fully upgraded electrical, new boilers and hot water storage and a new sprinkler system. Unit interiors have been upgraded across the board with updated kitchens and baths with 15 of the units featuring in-unit laundry. See attached OM for detailed financials.
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- Listing office
- Little & Co., REALTORS®
- Listing agent
- Francesca Little
- MLS #
- 73576567
- Status
- For sale
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Listing data (c) MLS Property Information Network, Inc. Data last updated October 19, 2026, 12:20 AM EDT.