14 Lathrop St Salem, MA 01970
Bridge Street NeighborhoodEstimated payment $4,225/month
Highlights
- Beach Front
- Golf Course Community
- Open Floorplan
- Marina
- Medical Services
- 1-minute walk to Collins Cove Park
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $4,958
Year Built
- Built in 1850
Lot Details
- 2,108 Sq Ft Lot
- Beach Front
- Stone Wall
- Level Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,912 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Insulated Windows
- Insulated Doors
- Living Room
- Home Office
- Loft
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Separate Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Interior Basement Entry
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- 3 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Patio
- Rain Gutters
- Porch
Schools
- Bates Elementary School
- Salem Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
- Internet Available
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:36 L:0334,2137467
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $72,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,958 | $437,200 | $158,600 | $278,600 |
| 2024 | $4,584 | $394,500 | $150,300 | $244,200 |
| 2023 | $4,360 | $348,500 | $139,100 | $209,400 |
| 2022 | $4,623 | $348,900 | $130,800 | $218,100 |
| 2021 | $4,513 | $327,000 | $130,800 | $196,200 |
| 2020 | $4,440 | $307,300 | $113,000 | $194,300 |
| 2019 | $4,396 | $291,100 | $107,400 | $183,700 |
| 2018 | $4,074 | $264,900 | $102,400 | $162,500 |
| 2017 | $3,733 | $235,400 | $83,500 | $151,900 |
| 2016 | $3,618 | $230,900 | $79,000 | $151,900 |
| 2015 | $3,484 | $212,300 | $71,200 | $141,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | Pending | -- | -- | -- | |
| 11/29/2025 11/29/25 | Price Changed | $729,900 | -6.4% | $382 / Sq Ft | |
| 11/18/2025 11/18/25 | For Sale | $779,900 | +122.8% | $408 / Sq Ft | |
| 11/16/2023 11/16/23 | Sold | $350,000 | -22.2% | $186 / Sq Ft | View Prior Sale |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- | |
| 08/21/2023 08/21/23 | For Sale | $450,000 | -- | $239 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $350,000 | None Available | |
| Quit Claim Deed | $350,000 | None Available | |
| Quit Claim Deed | $350,000 | None Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73455967
APN: SALE-000036-000000-000334
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