$1,375,000
$1,700,000
19.1%For more information regarding the value of a property, please contact us for a free consultation.
0.52 Acres Lot
SOLD DATE : 09/05/2025
Key Details
Sold Price $1,375,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73324811
Sold Date 09/05/25
HOA Y/N false
Annual Tax Amount $23,690
Tax Year 2024
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Residential
Property Description
Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.
Location
State MA
County Essex
Zoning HIST
Direction 1A/114/Lafayette Street. 1.1 miles to train, .6 mi Salem State University, .8 mi to downtown Salem1
Exterior
Community Features Public Transportation, Shopping, Park, Bike Path, Public School, University
Building
Lot Description Gentle Sloping
Sewer Public Sewer
Water Public
Others
Senior Community false
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