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    5 Lafayette Rd

    Salisbury, MA 01952
    • $525,000
    • STATUS: Active
    • MLS #: 72790473
    Price Reduced
    UPDATED: 22 min ago
    $525,000
    • 3
      BEDS
    • 0.44
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 3,600
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1850
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Sally Laffely of Laffely Real Estate Associates.

    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.

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    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. Data last updated 2021-04-13T09:09:00.527.
    www.livecharlesgate.com/homes/114555980
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    5 Lafayette Rd Salisbury, MA 01952

    • Price: $525,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 72790473
    3
    Beds
    3
    Baths
    1
    ½ Baths
    0.44
    Acres
    3,600
    SQFT
    $146
    $/SQFT
    1850
    Built
    Neighborhood:
    Salisbury Center
    County:
    Essex
    Area:
    Salisbury Center
    Elementary School:
    Salisbury
    Middle School:
    Triton
    High School:
    Triton
    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.
    Exterior Features

    Beach Description Ocean Beach Miles To 1 To 2 Mile Beach Ownership Public Beachfront Yes Color White Construction Post & Beam Exterior ClapboardWood Exterior Features Storage Shed Foundation FieldstoneIrregular Frontage 107.00 Lot Description Paved DriveLevel Parking Features Off-StreetPaved Driveway Parking Spaces 8 Road Type PublicPavedPublicly Maint. Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Basement Yes Basement Features Interior AccessBulkheadDirt FloorUnfinished Basement Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 0 Cooling Common Window Ac Cooling Unit1 Window Ac Cooling Unit2 Window Ac Cooling Unit3 Window Ac Cooling Unit4 Window Ac Cooling Units 0 Energy Features Insulated Windows Fireplaces 10 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 6 Flooring WoodPine Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 1 Heat Units 1 Heat Zones 4 Heating Common Hot Water BaseboardGas Heating Unit1 Hot Water BaseboardGasCommon Heating Unit2 Hot Water BaseboardGasCommon Heating Unit3 Hot Water BaseboardGasCommon Heating Unit4 Hot Water BaseboardGasCommon Hot Water Natural GasTank Interior Features Common Wood FlooringInternet Available - Broadband Interior Features Unit1 Wood Flooring Interior Features Unit2 StudioWood Flooring Interior Features Unit3 Wood Flooring Interior Features Unit4 Wood Flooring Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 2 Rooms 13 Rooms Description Unit1 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit3 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit4 Office/Den Rooms Unit1 2 Rooms Unit2 2 Rooms Unit3 3 Rooms Unit4 6

    Property Features

    Amenities Public TransportationShoppingParkWalk/Jog TrailsLaundromatBike PathConservation AreaHighway AccessHouse Of WorshipPublic School Apod Available No Assessments 603100.00 Disclosure No Disclosures Property Has 10 Fireplaces But All Of Them Are Blocked Off And Are Not Being Represented As Functioning. Sellers Will Consider A 2 Year Lease Back Option. Electric Features 200 Amps Gross Operating Income 28680 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Lot 25 Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 28680 Rent Description Unit1 HeatElectricWaterHot Water Rent Description Unit2 HeatElectricWaterHot Water Rent Description Unit3 HeatElectricWaterHot Water Rent Unit1 850 Rent Unit2 650 Rent Unit3 890 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Office is 2320Sf+/- Per Field Card; (3) Apartments Total Approx. 1280Sf+/- Per Field Card Sq Ft Source Public Record Tax Year 2021 Taxes 6791.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Vc

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Sally Laffely of Laffely Real Estate Associates.


    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. Data last updated 2021-04-13T09:09:00.527.
     
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    Charlesgate Realty Group
    867 Boylston Street, Fl 3
    Boston MA, 02116
    Listing courtesy of Sally Laffely of Laffely Real Estate Associates.