Salisbury, MA189 Atlantic Avenue, Salisbury Beach
Price$2,500,000
Est. Mortgage: $/month
MLS Number 72733008
- Multi-Family 5-9 Family
- Total Parking Spaces 11
- Year Built 1985
- Bathroom 10
- Full Bath 10
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.
Listed by Thomas J Saab and Brittany Saab of Tom Saab Real Estate