Salisbury, MA 01952,110 Lafayette Rd
Salisbury, MA 01952,110 Lafayette Rd
Salisbury, MA 01952,110 Lafayette Rd
10
$1,050,000
$1,175,000
10.6%
Est.Price: ?

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1.89 Acres Lot

110 Lafayette Rd Salisbury, MA 01952

Est. payment /mo
SOLD DATE : 08/13/2018

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Key Details

Sold Price $1,050,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 72305004

Sold Date 08/13/18

Year Built 1784

Annual Tax Amount $10,974

Tax Year 2018

Lot Size 1.890 Acres

Acres 1.89

Property Description

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.

Location

State MA

County Essex

Area Salisbury Center

Zoning LM

Direction Route 1A is Lafayette Road in Salisbury. Easily accessed from Route 95

Exterior

Utilities Available Public Water, Private Sewer, Natural Gas Available

Roof Type Asphalt/Composition Shingles, Shingle

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Listed by Bentley's
Bought with Douglas Danzey • Bentley's

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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