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Side-by-Side Duplex with Porches

105-107 Salisbury Street Dracut, MA 01826

105-107 Salisbury Street, Dracut, MA, 01826
$625,000
For Sale
$625,000

Two mirrored 2-bedroom units each feature an eat-in kitchen, hardwood floors, garages, basements, and private laundry.

Property Size1,848 SF
Price / SF$338.20
Days on Market64

Property Features for 105-107 Salisbury Street

General Information

Standard status
Active
Size
1,848 SF
Property subtype
Multi-family

Building Details

Year Built
1970
Listing agency Coldwell Banker Realty - Concord
Listed by The Laura Baliestiero Team
Source Trufantre
Added: May 19 Updated: Jul 20 at 6:09PM Checked: Jul 21 at 7:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Concord


Investment Insights

Based on property information with market context.

This side-by-side duplex offers two mirrored, sun-filled residential units, each arranged with 2 bedrooms and 1 bathroom. Both units include hardwood floors and eat-in kitchens, along with a 1-car garage and separate basement and laundry space. Additional living space is provided by charming 3-season porches overlooking the backyard.

The property is situated in a quiet residential neighborhood along the Merrimack River. Outside, there is a large, level yard suitable for outdoor enjoyment, and the backyard includes grape arbors.

With two separate units, the layout supports flexible occupancy, whether as an investment property or an owner-occupied setup, while keeping day-to-day space distinctly divided.

Key Highlights

  • 1970‑built side‑by‑side duplex with two mirrored 2‑bedroom, 1‑bath units
  • Each unit includes an eat‑in kitchen, hardwood floors, and a 3‑season porch overlooking the backyard
  • Each unit has its own 1‑car garage plus separate basement and private laundry area

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $58.8k $31.80
− Vacancy −$2.9k −$1.57
EGI $55.9k $30.23
− OpEx −$16.8k −$9.07
NOI $39.1k $21.16
1,848 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$558.6K
$488.8K – $651.7K (±1% cap)
NOI $39,104 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$525.3K
$459.6K – $612.8K (±1% cap)
NOI $36,769 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$1.09M
$957.3K – $1.28M (±1% cap)
NOI $76,581 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Pharmacy Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Accounting Firm HVAC Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two mirrored 2-bedroom units each feature an eat-in kitchen, hardwood floors, garages, basements, and private laundry.
Where is this duplex located?
The property is located at 105-107 Salisbury Street Dracut, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1970‑built side‑by‑side duplex with two mirrored 2‑bedroom, 1‑bath units; Each unit includes an eat‑in kitchen, hardwood floors, and a 3‑season porch overlooking the backyard; Each unit has its own 1‑car garage plus separate basement and private laundry area
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