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5 Lafayette Rd Salisbury, MA 01952
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Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $113
MLS Listing ID 72790473
Sold Date 08/16/21
Bedrooms 3
Full Baths 3
Half Baths 1
Year Built 1850
Annual Tax Amount $6,791
Tax Year 2021
Lot Size 0.440 Acres
Acres 0.44
Property Description
Prime location for this mixed use building located in the heart of Salisbury Square. Village Center District zoning is an added plus and provides for a variety of business and residential uses. The majority of the building is used as a professional office (2 stories) but includes (3) residential apartments for a total of (4) units. Apartments currently generate $2,390/month in rental income. Some of the many features include wide pine flooring throughout, period detailing reminiscent of the era as well as decorative fireplace mantels in many of the rooms, replacement windows, ample off-street parking and a detached 14' x 22' outbuilding for tool and equipment storage. Whether you're in the market for a home based office location or any variety of the permitted commercial/residential uses, this property is definitely worth looking at. Residential apartments can only be seen on second showings and with 48 hour notice minimum.
Location
State MA
County Essex
Area Salisbury Center
Zoning VC
Direction Lafayette Rd is US Route 1. Property is located just north of the 1A junction.
Rooms
Basement Interior Entry, Bulkhead, Dirt Floor, Unfinished
Interior
Interior Features Internet Available - Broadband, Unit 2(Studio), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 4 Rooms(Office/Den)
Heating Baseboard, Natural Gas, Unit 1(Hot Water Baseboard, Gas, Common), Unit 2(Hot Water Baseboard, Gas, Common), Unit 3(Hot Water Baseboard, Gas, Common), Unit 4(Hot Water Baseboard, Gas, Common)
Cooling Window Unit(s), Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
Flooring Wood, Pine, Wood Flooring, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring), Unit 4(Wood Flooring)
Fireplaces Number 10
Appliance Gas Water Heater, Tank Water Heater
Exterior
Exterior Feature Storage
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
Waterfront false
Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Roof Type Shingle
Parking Type Paved Drive, Off Street, Paved
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Story 5
Foundation Stone, Irregular
Sewer Public Sewer
Water Public
Schools
Elementary Schools Salisbury
Middle Schools Triton
High Schools Triton
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Bought with Judy Dodier • Stone Ridge Properties, Inc.