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120 - 122 N End Boulevard, Salisbury, MA

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120 - 122 N End Boulevard

Salisbury, MA 01952 - Outer Greater Merrimack Valley MF Submarket

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1913
Stories:2 Building Size:4,034 SF Land Area:.25 AC (11,021 SF)
For Sale Price:$1,200,000 Price/Unit:$300,000.00 Cap Rate:8.50 % GRM:-


Sale Notes:
A three unit, oceanfront building with direct beach access and a single-family home with 2-car garage being sold as one package. Solid seasonal rental history and potential winter rentals in oceanfront units. Lot size and overall square footage is the total of 120 & 122 combined. An adjacent property, 124 North End Blvd. (single family listed for $425K), is also available for sale; seller will entertain selling the
3 properties as one package. Rental figures and expenses available upon request to qualified buyers.

Property consists of two parcels that run from North End Boulevard to the oceanfront. Less than 1/2 mile to beach center with shopping, restaurants and entertainment. Located in the BC (Beach Commercial) zone which allows for commercial and multi-unit development (subject to appropriate permitting procedures).

Laffely Real Estate Associates Inc
Sally Laffely
(978) 255-4788 x102

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