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You are here:
Home Massachusetts Salem Multi-Family Homes for Sale

14 Lathrop Street Salem, MA 01970

17 Days on Boston Pads
Price Reduced $50,000
21 Photos
$729,900
2 Unit
5 Beds
3 Baths
1912 SQFT
0.05 Acre
14 Lathrop Street
Salem, MA 01970

Property Description

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 Overview

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living Room, Loft, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Internet Available - Unknown, Programmable Thermostat, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Forced Air, Gas, Heat Pump, Oil, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1850
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73455967
  • Last Updated: 12/03/25

Date Event Price Price/Sq Ft Source
12/03/2025Active$729,900$382MLSPIN
11/29/2025Price Change$729,900$382MLSPIN
11/22/2025Active$779,900$408MLSPIN
11/18/2025New$779,900$408MLSPIN
11/17/2023Sold$350,000$186MLSPIN
10/26/2023Under Agreement$450,000$239MLSPIN
08/24/2023Active$450,000$239MLSPIN
08/20/2023New$450,000$239MLSPIN

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View Breakdown

Map & Resources

Carlton School

Public Elementary School, Grades: K-5

0.12mi

Bentley Academy Innovation School

Public Elementary School, Grades: K-5

0.43mi

Salem Early Childhood School

Public Elementary School, Grades: PK-K

0.43mi

Salem Early Childhood Center

School

0.43mi

Salem Prep High School

Public Secondary School, Grades: 8-12

0.63mi

Saint Marys School

School

0.64mi

New Liberty Innovation School

Public Secondary School, Grades: 9-12

0.65mi

Northeastern Massachusetts Aquaculture Center

University

0.76mi

Bit Bar

Bar

0.71mi

All Souls Lounge

Bar

0.72mi

Coffee Time

Coffee Shop

0.12mi

Roseadella’s

Coffee Shop

0.62mi

Polonus Deli

Cafe

0.63mi

Kakawa Chocolate House

Cafe

0.67mi

Odd Meter

Coffee Shop. Offers: Vegan, Lactose Free, Vegetarian

0.68mi

Jaho Cafe

Cafe

0.68mi

Day Of the Dog

Pet Grooming

0.75mi

Feline Hospital

Veterinary

0.29mi

All Creatures Veterinary Hospital

Veterinary

0.81mi

Salem Police Department

Local Police

1.11mi

Salem City Fire Department

Fire Station

0.53mi

Salem Fire Department

Fire Station

0.75mi

Salem Fire Department

Fire Station

0.8mi

Salem Witch Museum

Museum

0.49mi

Narbonne House

Museum

0.56mi

Essex Institute Museum Building

Museum

0.58mi

Derby House

Museum

0.61mi

St. Joseph Hall

Museum

0.61mi

Scale House

Museum

0.61mi

Custom House

Museum

0.62mi

Public Stores

Museum

0.62mi

Salem YMCA

Sports Centre

0.75mi

Tennis Courts

Sports Centre. Sports: Tennis

0.86mi

Basketball Court

Sports Centre. Sports: Basketball

0.9mi

Collins Cove Playground

Municipal Park

0.08mi

Curtis Park

Municipal Park

0.14mi

Gonyea Park

Park

0.29mi

Salem Common

Municipal Park

0.37mi

Memorial Park

Municipal Park

0.4mi

Furlong Park

Municipal Park

0.47mi

Salem Maritime National Historic Site

National Park

0.55mi

Armory Park

Park

0.59mi

Beverly Pier

Recreation Ground

0.67mi

Kernwood Country Club

Golf Course

0.61mi

Cabot Farm Playground

Playground

0.6mi

Century Bank

Bank

0.73mi

North Shore Bank

Bank

0.82mi

Rockland Trust

Bank

0.84mi

Bada-Bing Barbershop & Shave Parlor

Hairdresser

0.72mi

Paxton Parts & Service

Hairdresser

0.72mi

Laura Lanes Skin Care

Beauty

0.74mi

Dick Simard Barber Shop

Hairdresser

0.75mi

Moon Baby

Hairdresser

0.81mi

CVS Pharmacy

Pharmacy

0.69mi

Walgreens

Pharmacy

0.84mi

Witch City Mall

Mall

0.59mi

Red Lion Smokeshop

Variety Store

0.72mi

New Market

Convenience

0.15mi

Speedway

Convenience

0.65mi

Salem 7

Convenience

0.7mi

Speedway

Convenience

0.79mi

Bridge St @ Skerry St

451

0.03mi

Bridge St @ Cromwell St

451

0.08mi

Bridge St @ Osgood St

451

0.11mi

Bridge St @ March St

451

0.14mi

Bridge St @ Saunders St

451

0.15mi

Bridge St @ Thorndike St

451

0.26mi

Winter St @ Bridge St

451

0.31mi

Winter St @ Bridge St

451

0.32mi

Seller's Representative: Edward Deveau, Century 21 Mario Real Estate
MLS ID#: 73455967

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2025-12-03 03:05:00

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