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Off market
  • $1,510,800

    110 Lafayette Rd, Salisbury, MA 01952

    19beds
    --sqft
    MultiFamily
    Built in 1784
    -- sqft lot
    $1,510,800 Zestimate®
    $--/sqft
    $2,382 Estimated rent

    What's special

    This is a fantastic opportunity for the savvy investor. After 22 years, the current owner has decided to sell this property currently used as 19 rental units with tenants at will, occupying 18 of the units and 1 vacant unit waiting for renovation. There are fifteen free standing cottages and one Cape Style building with four units in it. These units are located just minutes to the beaches and the new Salisbury Boardwalk and the Reservation. In addition to all that this location has to offer it is conveniently located minutes to the restaurants and shops of downtown Newburyport as well as Market Square in Amesbury and the major highways. Take advantage of this once in a lifetime opportunity and purchase this special property. Continue running the property as the profitable investment property that it is, or renovate the cottages and become a part of Salisbury's redevelopment and revitalization of the future. Seller financing available to qualified buyers. Pass Title V in hand.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 19
    • Full bathrooms: 19

    Property

    Lot
    • Size: 1.89 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1784

    Community & neighborhood

    Location
    • Region: Salisbury

    Other

    Other facts
    • Construction: Frame
    • Exterior: Vinyl, Clapboard
    • Flooring: Wood, Wall To Wall Carpet
    • Hot Water: Electric
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Beach Description: Ocean
    • Beach Miles To: 1/2 To 1 Mile
    • Beachfront Flag: Yes
    • Apod Available: Yes
    • Lot Description: Wooded
    • Utility Connections: For Gas Range
    • Beach Ownership: Public
    • Foundation: Concrete Block
    • Year Round: Yes
    • Mf Type: 5-9 Family
    • Terms Feature: Seller W/Participate
    Services availability
    Get pre-qualified for a loan
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,510,800
    2% more+ $30,216
    With Zillow Showcase(estimated)
    $1,541,016