Active
50 Days on market
3 & 5 Ferry Road Salisbury — Photo 1 of 40

3 & 5 Ferry Road Salisbury — Photo 1 of 40

Recent Drop: $50,000

$950,000
$900,000

$900,000

Investment Analysis — 3 & 5 Ferry Road

Salisbury, MA 01952 — Salisbury Center

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01952 carries an estimated $5,290/mo in gross rent — about a 4.46% cap rate and $40,146/yr in estimated NOI at the $900,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

3,006

Style

Multi Family

Built

1926

Development Opportunity – 3 & 5 Ferry Road, Salisbury. Rare opportunity to own a unique parcel featuring two existing homes with the potential to add a third residence, subject to local zoning and permitting approvals. Whether you're an investor, developer, or buyer looking for a multi-generational living arrangement, this property offers flexibility and future potential. The existing homes provide immediate use or rental income while you explore expansion possibilities. Conveniently located in Salisbury, this property presents a unique chance to maximize value in a desirable area.Buyer(s) and buyer's agent are responsible for conducting their own due diligence regarding zoning, permitted uses, subdivision potential, and the feasibility of constructing an additional dwelling. Also there are 2 garages on the property.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$950,000
Annual Taxes$8,099

Parking

Garage5
Off-Street13

Interior Specifications

Total Rooms11
Fireplaces1
FlooringWood
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Steam, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionLog, Conventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
ZoningC

Property & Lot

Acres1.97
SqFt Lot85,818
Lot FeaturesWooded, Easements

Amenities & Appliances

None • Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Bike Path • Highway Access

Geography

Property History

Price Drop
$900,000

Was $950,000

Aug 21, 2026

MLS® 73554684

Listed
$950,000

Jul 24, 2026

MLS® 73554684

Listing Provided By

Listing Agent: Sandra Berkenbush

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73554684