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108 Central Ave, Salisbury MA 01952

$795,000

Estimated $1,995/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $198,750

Total Rent: 69600/year

Estimated CAP Rate:

14 Bedrooms

Baths

2369

Total Parking: 2

3,498 (0.08)

Salisbury Beach’s revitalization is in full swing, and this freshly updated multi-family puts you right in the middle of it! Just a stone’s throw from Salisbury Beach Center, the new Carousel Pavilion, Blue Ocean Music Hall and the oceanfront boardwalk, 108 Central Avenue offers 3 apartments in the main building plus a separate detached 1-bedroom cottage. The owner has made key improvements, including a new heating system and updated kitchens and bathrooms in the 1st and 2nd floor apartments. Each unit offers single-level living with 1–2 bedrooms and water views, and the 2nd and 3rd floor units have private decks. A deeded right of way gives you direct access to the beach, and there’s 2-car off-street parking. The cottage is vacant and available for immediate rental. It’s well suited to short- or long-term rental income, or you can enjoy life at the beach and have your tenants help pay your mortgage. Current flood insurance: $1,168/year.

This home has been viewed 2 times

Last Checked: October 23rd, 2026 at 9:48am (Source: MLS PIN #73594263)

Gross Income: $69,600

Gross Expenses: $8,475

Net Income Calc: $61,125

Annual Expenses for 108 Central Ave, Salisbury MA 01952

Total Gross Expenses (Calculated)$8,475/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8475

Annual Income & Unit Breakdown for 108 Central Ave, Salisbury MA 01952

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 108 Central Ave, Salisbury MA 01952

Listing ID73594263

Property TypeMulti Family / 3 Family

Price795000 ($335.58/SqFt)

Style3 Family - 3 Units Up/down

CitySalisbury

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2369

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoning4

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 108 Central Ave, Salisbury MA 01952

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 108 Central Ave, Salisbury MA 01952

Real Estate Taxes8475

Tax Year2026

Assessed Value$853,500

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 108 Central Ave, Salisbury MA 01952

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 108 Central Ave, Salisbury MA 01952

Agent

Name: Olivia Grabka

Office

Name: Realty Negotiations, LLC

Phone: 978-406-5134

Team Members

Payment Calculator

, Interest

Property Taxes 706.25

Principal & Interest 4898.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Realty Negotiations, LLC

Olivia Grabka

Agent Phone

Office Phone

(978) 406-5134

Text Agent Call Agent Call Office

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EXIT

12 More Photos

Active

108 Central Ave, Salisbury MA 01952

$795,000

Annual Expenses for 108 Central Ave, Salisbury MA 01952

Annual Income & Unit Breakdown for 108 Central Ave, Salisbury MA 01952

General Information for 108 Central Ave, Salisbury MA 01952

Disclosures for 108 Central Ave, Salisbury MA 01952

Financial Information for 108 Central Ave, Salisbury MA 01952

Location Information for 108 Central Ave, Salisbury MA 01952

Contact Information for 108 Central Ave, Salisbury MA 01952

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Realty Negotiations, LLC

Olivia Grabka