14 Lathrop Street Salem MA 01970 MLS #73455967

14 Lathrop Street
Salem, MA, 01970
$729,900
5 Beds
2.5 Baths
1,912 SqFt
0.05 Acres
$729,900
14 Lathrop Street
Salem, MA, 01970
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!

Property Details

Price:
$729,900
MLS #:
73455967
Status:
Active
Beds:
5
Baths:
2.5
Address:
14 Lathrop Street
Type:
Multi Family
Neighborhood:
downtown
City:
Salem
Listed Date:
Nov 18, 2025
State:
MA
Finished Sq Ft:
1,912
Total Sq Ft:
1,912
ZIP:
01970
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

Net Operating Income
$72,000
Tax Year
2025
Taxes
$4,958
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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