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3 & 5 Ferry Road, Salisbury MA 01952

$950,000

Estimated $2,215/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $475,000

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

3006

Total Parking: 18 (5 Garage)

85,818 (1.97)

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.

This home has been viewed 4 times

Last Checked: July 25th, 2026 at 9:08am (Source: MLS PIN #73554684)

Gross Income: $0

Gross Expenses: $8,099

Net Income Calc: $8,099

Water Views

Annual Expenses for 3 & 5 Ferry Road, Salisbury MA 01952

Total Gross Expenses (Calculated)$8,099/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8099

Annual Income & Unit Breakdown for 3 & 5 Ferry Road, Salisbury MA 01952

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 3 & 5 Ferry Road, Salisbury MA 01952

Listing ID73554684

Property TypeMulti Family

Price950000 ($316.03/SqFt)

StyleMulti Family

CitySalisbury

CountyEssex

MLS AreaSalisbury Center

Neighborhood(s)Ipswich

Approximate Living Area Total3006

Approximate Lot Size (Acres)1.97

Total Parking18 (5 Garage)

Garage Parking5

Year Built1926

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 3 & 5 Ferry Road, Salisbury MA 01952

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 3 & 5 Ferry Road, Salisbury MA 01952

Real Estate Taxes8099

Tax Year2026

Assessed Value$927,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 3 & 5 Ferry Road, Salisbury MA 01952

Middle SchoolTriton

High SchoolTriton

Neighborhood(s)Ipswich

MLS AreaSalisbury Center

Area AmenitiesWalk/jog Trails

Contact Information for 3 & 5 Ferry Road, Salisbury MA 01952

Agent

Name: Sandra Berkenbush

Office

Name: Lamacchia Realty, Inc.

Phone: 978-534-3400

Payment Calculator

, Interest

Property Taxes 674.92

Principal & Interest 5853.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Sandra Berkenbush

Agent Phone

Office Phone

(978) 534-3400

Text Agent Call Agent Call Office

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    [description] => 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.
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    [unparsed] => 3 & 5 Ferry Road, Salisbury MA 01952
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[raw] => 
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EXIT

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