$2,300,000
SOLD JUN 4, 2025

29 Central Ave Salisbury, MA 01952

16 Beds
10 Baths
4,608 Sq Ft
3,472 Sq Ft Lot

Recently Sold

$499 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • City View
  • Deck
  • Porch
  • Waterfront
  • Balcony
  • Near Conservation Area

About This Home

As of June 2025

Discover this well-maintained 10-unit multifamily property steps from the sand at Salisbury Beach. Featuring 6 spacious 2-bedroom units and 4 comfortable 1-bedroom units, this property offers a strong rental history with tenants responsible for their own utilities—ensuring an excellent investment opportunity. Enjoy breathtaking ocean views from select units, adding to the property’s appeal. Additional conveniences include a shared coin-operated laundry in the basement and meticulously maintained common areas. Whether expanding your portfolio or seeking a beachside investment, this property delivers value and potential. Don't miss this rare opportunity to own a turn-key multifamily property in a highly desirable coastal location!

Last Agent to Sell the Property

Magdiel Matias

Matias Realty, LLC Listed on: 03/26/2025

Co-Listed By

Luis Disla

Matias Realty, LLC

Last Buyer's Agent

Chris Blasczak

Liberty Residential Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,803

Year Built

  • Built in 1930

Lot Details

  • 3,472 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stone

Interior Spaces

  • 4,608 Sq Ft Home
  • Window Screens
  • City Views
  • Basement Fills Entire Space Under The House
  • Plumbed For Ice Maker
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • 9 Heating Zones
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $7,731
  • Assessor Parcel Number M:33 P: 194,2147635

Community Details

Overview

  • 10 Units
  • Property has 1 Level

Building Details

  • Electric Expense $840
  • Insurance Expense $20,100
  • Water Sewer Expense $7,000
  • Operating Expense $71,892
  • Net Operating Income $149,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,803

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1930
  • Levels: 6
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2
  • Sub Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Plumbed For Ice Maker
  • Total Bedrooms: 16
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Full
  • Above Grade Finished Sq Ft: 4608
  • Living Area: 4608
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: AN3678
  • LIST PRICE PER Sq Ft: 477.43
  • PRICE PER Sq Ft: 499.13
  • MAIN SO: AN0224

Exterior Features

  • Exterior Features: Balcony, Sprinkler System
  • Construction Materials: Frame, Brick, Stone, Block
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Icemaker Connection, Varies per Unit
  • Electric: 220 Volts
  • Water Source: Public
  • HEAT UNITS: 9
  • HEAT ZONES: 9
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Conservation Area
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 7000

Lot Info

  • Parcel Number: M:33 P: 194,2147635
  • Zoning: BC
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3472
  • Lot Size Units: Acres
  • PAGE: 0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10803
  • Tax Book Number: 0

Multi Family

  • Electric Expense: 840
  • Gross Income: 221412
  • Insurance Expense: 20100
  • Net Operating Income: 149520
  • Number Of Units Total: 10
  • Operating Expense: 71892
  • Total Actual Rent: 7731
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $2,300,000 +4.5% $499 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $2,200,000 -- $477 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Magdiel Matias

    Seller's Agent in 2025

    Magdiel Matias

    Matias Realty, LLC

    (978) 891-0249

    2 in this area

    50 Total Sales

    Magdiel Matias
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Luis Disla

    Matias Realty, LLC

    (978) 208-1472

    1 in this area

    6 Total Sales

    Luis Disla
    Section Image
  • Chris Blasczak

    Buyer's Agent in 2025

    Chris Blasczak

    Liberty Residential Realty, LLC

    (978) 490-0906

    1 in this area

    95 Total Sales

    Chris Blasczak
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73350362

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Salisbury 01952

29 Central Ave, Salisbury, MA

This home is located at 29 Central Ave, Salisbury, MA 01952 and is currently priced at $2,300,000, approximately $499 per square foot. This property was built in 1930. 29 Central Ave is a home located in Essex County with nearby schools including Triton Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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