Waterfront
Address
189 Atlantic Ave Salisbury, MA
Price
$ 2,500,000
Property Attributes
  • MLS#72733008
  • TypeMulti-Family
  • CountyESSEX
  • CitySalisbury
  • AreaSalisbury Beach
  • Zip01952
  • Style5-9 Family
  • Year Built1985
  • Taxes10500
  • Price$ 2,500,000
  • Bedrooms22
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage6282
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Thomas J Saab with Tom Saab Real Estate.
Data Source:
MLSPIN
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.

Elementary School Middle School High School
Salisbury Elem. Triton Middle School Triton High School
Price History
9/25/2020 Listed $2,600,000
11/12/2020 4% - $2,500,000

General Features

Distance to Beach in Miles 0 to 1/10 Mile
Elementary School Salisbury Elem.
Full Baths 10
Heated Units 4
High School Triton
Lead Paint Unknown
Levels 5
Middle School Triton
Parking Spaces 9
Sewer City/Town Sewer
Square Feet 6282.00
State Massachusetts
Unit 1 Rent 2000
Unit 2 Rent 2000
Waterfront Ocean

Interior Features

Basement Features Full
Bedrooms (1) 2
Bedrooms (2) 2
Bedrooms (3) 3
Bedrooms (4) 3
Total Bedrooms 22
Total Number of Units 8

Exterior Features

Foundation Other (See Remarks)
Garage Spaces 2
Lot Description Flood Plain

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01952

Price
AVG $1.05M
$2.5M
Taxes
AVG $7,497
$10,500
Visits
AVG 37
15
Year Built
AVG 1917
1985

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