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    Redevelopment Three-Unit Residential Lot
    Updated: Jul 23, 2024
    Redevelopment Three-Unit Residential Lot

    103 Railroad Avenue, Salisbury, MA 01952

    $599,000
    Rectangular, flat three‑unit lot near Beach Public Access 3
    Redevelopment site includes an existing legal three‑family structure with an additional in‑law unit
    Zoned/redevelopment potential for a single‑family home, duplex, or three new condominiums
    Seller states Salisbury Big Block / One Oceanfront South is in final stages of approval nearby
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salisbury, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with Ductless Mini-Split Systems
    Triplex with Ductless Mini-Split Systems

    16 Riverview Terrace, Hampton, NH 03842

    $1,200,000
    1,436 sqft 0.07 AC lot

    Three fully furnished cottages on one lot, within walking distance to Hampton Beach, designed for short-term rental use.

    View details
    Two-Property Multifamily Portfolio
    Two-Property Multifamily Portfolio

    32 1/2 Nichols, Haverhill, MA 01830

    $985,000
    5,685 sqft

    Two separate buildings offer a two-family and three-family configuration with separate utilities and off-street parking for four vehicles.

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    Three Detached Cottages Income Compound
    Three Detached Cottages Income Compound

    16 Riverview Terrace, Hampton, NH 03842

    $1,200,000
    1,836 sqft

    Compound includes three rebuilt, fully furnished two-bedroom cottages on a single lot.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    38 Wilson St (38-40), Haverhill, MA 01832

    $859,000
    3,851 sqft

    Three 3-bedroom, 1-bath units are currently rented in this triplex, sold as-is.

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    Salisbury, MA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Salisbury, MA on our real estate platform.

    Sale prices for three-family homes in Salisbury, MA average $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 9,217
    Population Growth (5Y) -0.1%
    Median Household Income $102,521
    College Educated 60.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $20.70 per SF
    Tax Rate vs County Average 0.66 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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