Salisbury, MA 01952,42-50 Cable
Salisbury, MA 01952,42-50 Cable
Salisbury, MA 01952,42-50 Cable
11
$1,366,000
$1,499,000
8.9%
Est.Price: ?

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0.51 Acres Lot

42-50 Cable Salisbury, MA 01952

Est. payment /mo
SOLD DATE : 08/29/2024

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Key Details

Sold Price $1,366,000

Property Type Vacant Land

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73234496

Sold Date 08/29/24

HOA Y/N false

Annual Tax Amount $19,269

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Description

Investors and/or developers, a unique opportunity is presenting itself at Salisbury Beach. Four lots featuring eight year-round units located in the Beach Commercial Zone. Lot 42 – single family. Lot 44 – 2 family plus 3 single-family cottages. Lot 48 – open space for parking/new construction. Lot 50 – 2 single-family homes. For developers/builders, our estimate provides for six to nine/three-bedroom units allowed in this Beach Commercial Zone. The possibilities include six to seven single-family homes or two to three/3-unit garden style condominium buildings. All four parcels must be purchased together and are NOT sold separately. Buyer could also purchase the package and sell all four parcels individually. FIRST and ONLY showing of all eight units together will be held on Saturday, May 11, 12-3 PM. Please view attachments.

Location

State MA

County Essex

Area Salisbury Beach

Zoning BC

Direction Beach Rd (RT-1A); Turn right onto Cable Ave

Exterior

Waterfront Description Beach Front,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Tom Saab Real Estate
Bought with Thomas J Saab • Tom Saab Real Estate

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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