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Property Description

Once in a lifetime opportunity. Do not hesitate. Review the value of each building and each unit. Look very closely at what you are about to own: Right on the beachfront with direct, unrestricted access to the majestic Atlantic Ocean. In addition, you not only get outstanding ocean views with beautiful sunrises but also some of the most spectacular views of the Merrimack River, the Great Salt Marsh, along with stunning sunsets. No one can ever build to the east or west of your new property, taking away any of the aforementioned views. This is not a property that consists of small units. There are two large four-unit buildings, six units w/3 bedrooms each and two units w/2 bedrooms each for 22 total bedrooms. A great investment opportunity with potential rental income in the range of $160-$200K. This property can also be converted to 8 condominiums. The two main units alone would be valued between $550-$650K. each. Reach out for more details and further information.

Address
Salisbury
MA
01952
Essex
189
Atlantic Ave
Features
: Full
: Flood Plain
Additional Info
10/01/2021 11:39:00

Multi-family

189 Atlantic Ave, Salisbury, Massachusetts, MA 01952

  • Bedrooms : 22
  • Full Bathrooms : 10
  • Square Footage: 6,282 Sqft
$2,500,000
Basic Details
Office Name : Tom Saab Real Estate
Ref ID : 72903160
Property Type : Multi-family
Listing Type : For Sale
Price : $2,500,000
Bedrooms : 22
Rooms : 23
Full Bathrooms : 10
Square Footage : 6,282 Sqft
Year Built : 1985
Lot Area : 0.17 Acre
Listing Status : Pending
Agent info
RE/MAX Innovative Properties
Contact Agent