Sold
Last Sold Price
4 beds1,800 sqft
5 Salros Rd, Nantucket, MA 02554
Multi FamilyProperty Type
0.14 acresLot Size
1987Year Built
$1,003/sq ftPrice per sq ft

Description

A wonderful opportunity to own a spacious and well-built commercial property in a desirable mid-island location. There are two first-floor commercial units with loading bays. There is a total of 843 Sq Ft of space in each of the commercial units. Additionally, there are lower-level storage units. The second floor has two 2 bed 1 bathroom apartments with individual decks and a second staircase for egress. Each apartment has a kitchen, full bathroom, living room, and dining room, bamboo floors, a washer,...A wonderful opportunity to own a spacious and well-built commercial property in a desirable mid-island location. There are two first-floor commercial units with loading bays. There is a total of 843 Sq Ft of space in each of the commercial units. Additionally, there are lower-level storage units. The second floor has two 2 bed 1 bathroom apartments with individual decks and a second staircase for egress. Each apartment has a kitchen, full bathroom, living room, and dining room, bamboo floors, a washer, and a dryer. This property offers many opportunities for use- 2 multiple-use commercial spaces, with 2 units for rental or employee housing purposes.
  • Listed by: Renata Shapovalova • William Raveis Nantucket
Listing closed: 04/08/2022 12:00 AM • Source: NANTUCKET_LINK, MLS#: 88591

Recent comparable sales

Median sold price

$1,800,000

Avg days on market

117

Sale-to-list ratio

85.2%

Nantucket, MA

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Location

Listing Courtesy of William Raveis Nantucket, Renata Shapovalova

Sold By William Raveis Nantucket, John Arena

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Payment Calculator

$9,765 per month

30 year fixed, 6.71% Interest

Principal and Interest

$9,327

Property Taxes

$438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Salros Road

Property Details
  • MLS Type: Multi Family / Multi Family
  • Zoning: RC2
  • View: None
Building Information
  • Year Built: 1987
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Latitude: 41.2648499
  • Longitude: -70.1064109
  • Listing ods: Deck
  • Listing other Building: Grg
  • MLS Area Major: Mid Island
Taxes and HOA Information
  • Tax Assessed Value: $546,400.00
  • Tax Lot: A
  • Tax Map Number: 66
  • Tax Other Annual Assessment Amount: $948,600.00
  • Tax Year: 2021
Parking
  • Parking Features: yes
Property
Lot Information
  • Lot Features: yes
  • Property Type: Multi Family
Property and Assessments
  • Possible Use: 2006-3
  • Parcel Number: 202
  • Photos Count: 24
  • Deed No: 988
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 2006
Utilities
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Basement: Storage area
  • Exterior Features: Deck
  • Frontage Type: None
Interior Features
  • Foundation Details: Poured concrete
  • Main Level Bedrooms: 0
  • Other Structures: There are 2 storage sheds on the first floor each with 10' ceilings
  • Rooms Total: 8
  • Appliances: Stove: yes 2, Washer: yes 2
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: 2
  • Furnished: Unfurnished
  • Heating: GFHA
  • Interior Features: AC,Ins, Floor 1: 2 commercial spaces with garage door and separate entrances. 1/2 bath, Floor 2: Two apartments, each with a separate entrance; 2 bedrooms. Each has a full kitchen, bedroom, bathroom, bamboo flooring, and a washer/dryer.

Property History for 5 Salros Road

DateEvent & SourcePriceAppreciation
Apr 8, 2022

Sold (Public Record)

Public Record #1487622933

$1,805,000

+4.7% / yr

Apr 8, 2022

Sold

NANTUCKET_LINK #88591

$1,805,000
Dec 22, 2021

Under Agreement

NANTUCKET_LINK #88591

DateEvent & SourcePrice
04/08/2022

Sold (Public Record)

Public Record #1487622933

$1,805,000

+4.7% / yr

04/08/2022

Sold

NANTUCKET_LINK #88591

$1,805,000
12/22/2021

Under Agreement

NANTUCKET_LINK #88591

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

Public Records for 5 Salros Road

Taxable ValueLand$734,500Additions$866,800Total$1,601,300
Tax Record2025$5,252 ($438 / month)
Home Facts
Baths3Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt3,600 SqFtUnfinished Basement SqFt1,800 SqFtStories2Lot Size6,316 SqFtStyleOffice BuildingYear Built1987Year Renovated1987ZoningCTECCountyNANTUCKETAPNNANT M:00066 P:00020-2

Schools near 5 Salros Road

This home is within Nantucket School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Nantucket Elementary School
PublicPK to 2

Cyrus Peirce Middle School
Public6 to 8

Nantucket High School
Public9 to 12

Nantucket Intermediate School
Public3 to 5

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Salros Road, Nantucket, MA 02554
$1,805,000
4
1,800
6,098
$1,650,000
4
2,460
9,818
2
1,932
$1,199,500
6
3,418
10,454
$25,000
4
2,340
17,197
$300,000
4
3,600
9,792

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.

Listing Courtesy of William Raveis Nantucket, Renata Shapovalova

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.