5 Lafayette Rd

Salisbury, MA 01952

$410,000
Last Sold Price
3
Beds
3,600 Sq. Ft.
$114 / Sq. Ft.
3,600
Sq. Ft.
$114
per Sq. Ft.
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Sold 8/16/21
Sold 8/16/21
a view of a building with a yard
a view of a building with a yard
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a living room with furniture a flat screen tv and a fireplace
a living room with furniture and a window
a living room with furniture and a flat screen tv
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a view of a dining room with furniture and a fireplace
a room with pool table and window
a living room with furniture and a fireplace
a living room with furniture a piano and a bookshelf
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a bathroom with a sink and a mirror
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Description

Prime location for this mixed use building located in the heart of Salisbury Square. Village Center District zoning is an added plus and provides for a variety of business and residential uses. The majority of the building is used as a professional office (2 stories) but includes (3) residential apartments for a total of (4) units. Apartments currently generate $2,390/month in rental income. Some of the many features include wide pine flooring throughout, period detailing reminiscent of the era as...Prime location for this mixed use building located in the heart of Salisbury Square. Village Center District zoning is an added plus and provides for a variety of business and residential uses. The majority of the building is used as a professional office (2 stories) but includes (3) residential apartments for a total of (4) units. Apartments currently generate $2,390/month in rental income. Some of the many features include wide pine flooring throughout, period detailing reminiscent of the era as well as decorative fireplace mantels in many of the rooms, replacement windows, ample off-street parking and a detached 14' x 22' outbuilding for tool and equipment storage. Whether you're in the market for a home based office location or any variety of the permitted commercial/residential uses, this property is definitely worth looking at. Residential apartments can only be seen on second showings and with 48 hour notice minimum.
  1. Listed by Sally Laffely • Laffely Real Estate Associates

Property Details for 5 Lafayette Road

Town
Salisbury
MLS Area
Salisbury Center
Area
MA-Salisbury-Salisbury Center, MA-Salisbury
Garage Spaces
0
Open Parking Spaces
8.00
Parking Spaces Total
8
LISTING CLOSED: 08/16/2021 12:00 AM

Property Details for 5 Lafayette Road

StatusSold
MLS #72790473
Days on Market58
Taxes$6,791 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1850
CountyEssex County
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Location

Listing Courtesy of Laffely Real Estate Associates, Sally Laffely

Sold By Stone Ridge Properties, Inc., Judy Dodier

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Building Information for 5 Lafayette Road

Stories5Residences4Year Built1850Building Size-Lot Size0.44 AC / 19,209 SF

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$2,650 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,084

Property Taxes

$566

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Lafayette Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Current Financing: Cash
  • Living Area: 3600.0
  • Color: White
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Salisbury
  • High School: Triton
  • Middle School: Triton
Features
Interior Features
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement Features: Interior Access, Bulkhead, Dirt Floor, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 10
  • Flooring: Wood, Pine, Wood Flooring, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring), Unit 4(Wood Flooring)
  • Interior Features: Internet Available - Broadband, Unit 2(Studio), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen, Unit 4 Rooms(Office/Den)
  • Interior Features: Internet Available - Broadband, Window AC
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Post & Beam
  • Exterior Features: Storage Shed
  • Exterior Features: Storage Shed
  • Lot Description: Level
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Window AC, Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Natural Gas, Unit 1(Hot Water Baseboard, Gas, Common), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Property has 10 fireplaces per municipal field card but all of them are blocked off and are not being represented as functioning. Sellers will consider a 2 year lease back option.
Tax Information
  • Tax ID: M: 6 P: 25,4042064
  • Assessments: $603,100
  • Book: 10133
  • Lot: 25
  • Map: 6
  • Tax Year: 2021
  • Zoning: VC
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Stone, Irregular
  • Frontage: 107.00
  • Cooling Units: 0
  • Heat Units: 1
  • Heat Zones: 4
Income / Expenses
  • GOI: $28,680.00
  • NOI: $28,680.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $2,390.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1.5

Property History for 5 Lafayette Road

DateEvent & SourcePriceAppreciation
Aug 16, 2021

Sold

MLS PIN #72790473

$410,000—
Jun 5, 2021

Contingent

MLS PIN #72790473

—
Feb 26, 2021

Listed (Active)

MLS PIN #72790473

$575,000—
DateEvent & SourcePrice
08/16/2021

Sold

MLS PIN #72790473

$410,000
06/05/2021

Contingent

MLS PIN #72790473

—
02/26/2021

Listed (Active)

MLS PIN #72790473

$575,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Lafayette Road

Taxable ValueLand$164,500Additions$399,000Total$563,500
Tax Record2025$5,680 ($473 / month)
Home Facts
Baths3.5Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt3,600 SqFtUnfinished Basement SqFt2,024 SqFtStories2Lot Size19,201 SqFtStyleDuplexYear Built1850Year Renovated1854ZoningVCCountyESSEXAPNSALI M: 6 P: 25Fireplace TypeHas Fireplace

Schools near 5 Lafayette Road

This home is within Triton School District.
Rating
School
Type
Grades
Distance
Salisbury Elementary School
Public - PK to 6
Triton Regional Middle School
Public - 7 to 8
Triton Regional High School
Public - 9 to 12
Newbury Elementary School
Public - PK to 6
Rating
School
Distance
Salisbury Elementary School
PublicPK to 6

Triton Regional Middle School
Public7 to 8

Triton Regional High School
Public9 to 12

Newbury Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Laffely Real Estate Associates, Sally Laffely

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.