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327 Lafayette St 2Salem, MA 01970

For Sale

$475,000

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Now offering unbeatable value, fresh virtual staging/painting, newly refinished hardwoods, and a clean canvas ready for your vision — 327 Lafayette St Unit 2 is a flexible and sun-filled second-floor condo in a prime Salem location. With two full-size deeded parking spots, you’ll never stress about parking again — a rare and valuable perk! Inside, you’ll find 2 spacious bedrooms, a dedicated office, and a bonus room for guests, play, creative space or nursery. High ceilings, hardwood floors, central AC, and natural light throughout make this unit feel open and comfortable. The kitchen offers great storage and flows into a generous living area. Downstairs, are laundry and plenty of additional storage. The shared backyard with a gas fire pit adds charm and function — a great spot to gather or unwind. Minutes to Forest River Park, Salem State, the waterfront, and the commuter rail. Delivered vacant and move-in ready.

Listed by Blake Sherwood

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Compass

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617-833-0036

Listed by Sherwood & Company Team

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Compass

Last updated December 08, 2025

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Source: MLSPin #73391424

Listing Facts

  • TypeCondo
  • NeighborhoodSouth Salem
  • Bedrooms3
  • Bathrooms1
  • Days on Prevu179
  • HOA/Maint. Fees$208/month
  • Taxes$4,214/year
  • Size1,283 sqft
  • Price per sqft$370

Amenities

  • Dishwasher
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

09/19/2025
Price Decreased
$475,000
09/04/2025
Price Decreased
$489,000
07/10/2025
Status changed to Active
$499,900
07/09/2025
Price Decreased
$499,900
07/03/2025
Status changed to Withdrawn
$500,000
06/16/2025
Listed by Compass
$500,000

Property Details for 327 Lafayette St 2

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House Of Worship, Marina, Private School, Public School, T-Station, University
  • Pets Allowed: Yes

Fees

  • Association Fee: $208.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: 2/3 Family
  • Window Features: Insulated Windows
  • Year Built: 1920
  • Year Built Details: Approximate
  • Building Name: 327 Lafayette St Condominium
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Entry Level: 2
  • Exterior Features: Garden

Features

  • Waterfront Features: Ocean, 1/10 To 3/10 To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 1,283
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,771
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:32 L:0230 S:802,4553840
  • Tax Annual Amount: $4,214.00
  • Tax Assessed Value: $371,600.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Flooring: Wood, Tile
  • Interior Features: Office

Measurements

  • Living Area: 1,283
  • Living Area Source: Public Record

Rooms

  • Basement: Y
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Rooms Total: 5

Other

Environmental

  • Green Energy Efficient: Thermostat

Features

  • Accessibility Features: No

Parking

Parking

  • Open Parking Spaces: 2
  • Parking Features: Off Street, Deeded
  • Parking Total: 2

Schools

High School

  • High School: Salem H.S

Middle or Junior School

  • Middle Or Junior School: Collins M.S.

Utilities

Equipment

  • Cooling: Central Air, Individual
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: For Gas Range
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 1 bathroom in this condo at 327 Lafayette St 2.

What schools are nearby to 327 Lafayette St 2?

Nearby schools include the Collins M.S. Middle School and Salem H.S High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 327 Lafayette St 2.

Are pets allowed at 327 Lafayette St?

Yes, 327 Lafayette St allows pets.

What are the annual taxes for 327 Lafayette St 2?

Annual taxes for this condo are estimated at $4,214.

How does 327 Lafayette St 2 compare to other condos in South Salem?

This condo is listed 3% above the average price for condos in South Salem and has been on the market for 160 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the 327 Lafayette St Condominium building.

What is the square footage on this condo?

According to the MLS, this listing is 1,283 sqft.

327 Lafayette St 2 is a 3-bedroom, 1-bath condo for sale in Salem MA 01970. Available on Prevu for 179 days at $475,000. This includes a recent price decrease of $14,000. This residence features 1,283 square feet of living space, located in South Salem. The median listing price for condos in this area is $594,950. Nearby schools include Collins M.S. Middle School and Salem H.S High School. The home offers dishwasher, pets allowed, air conditioning, and parking. View other condo listings in Salem.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.