Rebuilt Multi-Family Income
49 Beach Road Salisbury, MA 01952
49 Beach Road, Salisbury, MA, 01952
$2,100,000
For Sale
$2,100,000
Fully rebuilt Salisbury property includes a legal two-family plus two accessory apartments with separate utilities and modern amenities.
Property Size3,965 SF
Price / SF$529.63
Days on Market83
Property Features for 49 Beach Road
General Information
- Standard status
- Active
- Size
- 3,965 SF
- Property subtype
- Multi-family / 4 Family
Building Details
- Year Built
- 2020
Listing agency
Keller Williams Gateway Realty
(603) 912-5470
Listed by
Ronald Dobrosielski · License #9580614
(603) 912-5470
Source
Compass
Added: Apr 30 Updated: Jul 20 at 5:38PM Checked: Jul 20 at 5:38PM
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 Keller Williams Gateway Realty
Investment Insights
Based on property information with market context.
This fully rebuilt Salisbury income property features a legal two-family configuration with two additional accessory apartments for a total of four units. Each main unit includes three bedrooms, 1.5 baths, an open kitchen/dining area, a living room, and in-unit laundry. The property also incorporates modern interior finishes and systems, including hickory hardwood floors, custom cabinetry, granite countertops, heated tile baths, stainless steel appliances, LED lighting, central A/C, and built-in audio. Separate utilities support flexible tenant arrangements.
Outside, the property is complemented by a massive three-stall, five-car garage with 12-foot ceilings, EV-ready capability, and multiple storage buildings. Additional features include a large driveway, yard, decks and a patio, and fruit trees. Public remarks note convenient bus access to the beach, shopping, and a nearby train station for commuting.
Unit above the garage is noted as having water-resistant luxury vinyl plank flooring, which can support extended living or additional rental use.
Outside, the property is complemented by a massive three-stall, five-car garage with 12-foot ceilings, EV-ready capability, and multiple storage buildings. Additional features include a large driveway, yard, decks and a patio, and fruit trees. Public remarks note convenient bus access to the beach, shopping, and a nearby train station for commuting.
Unit above the garage is noted as having water-resistant luxury vinyl plank flooring, which can support extended living or additional rental use.
Key Highlights
- Fully rebuilt 2020 Salisbury property: legal 2‑family plus 2 additional accessory apartments
- Main units each offer 3 bedrooms and 1.5 baths with open kitchen/dining, living room, and in‑unit laundry
- Separately metered utilities support rental flexibility across the 4‑unit setup
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 | $99.9k | $25.20 |
| − Vacancy | −$4.5k | −$1.13 |
| EGI | $95.4k | $24.07 |
| − OpEx | −$28.6k | −$7.22 |
| NOI | $66.8k | $16.85 |
3,965 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$954.2K
$834.9K – $1.11M
NOI $66,795 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$861.3K
$753.7K – $1.00M
NOI $60,293 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,309 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully rebuilt Salisbury property includes a legal two-family plus two accessory apartments with separate utilities and modern amenities.
Where is this quadplex located?
The property is located at 49 Beach Road Salisbury, MA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Fully rebuilt 2020 Salisbury property: legal 2‑family plus 2 additional accessory apartments; Main units each offer 3 bedrooms and 1.5 baths with open kitchen/dining, living room, and in‑unit laundry; Separately metered utilities support rental flexibility across the 4‑unit setup
