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189 Atlantic Ave Salisbury, MA 01952
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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,282 sqft
Price per Sqft $366
MLS Listing ID 72903160
Sold Date 06/27/22
Bedrooms 22
Full Baths 10
Year Built 1985
Annual Tax Amount $10,500
Tax Year 2020
Lot Size 7,405 Sqft
Acres 0.17
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.
Location
State MA
County Essex
Area Salisbury Beach
Zoning 3
Direction Beach Road to Cable to Atlantic Ave.
Rooms
Basement Full
Interior
Interior Features Unit 1(Central Vacuum, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Slider, Internet Available - Broadband), Unit 2(Central Vacuum, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Slider, Internet Available - Broadband), Unit 3(Central Vacuum, Bathroom With Tub & Shower, Internet Available - Broadband), Unit 4(Central Vacuum, Bathroom With Tub & Shower, Internet Available - Broadband), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas, Electric)
Cooling Unit 2(Wall AC)
Flooring Unit 1(undefined), Unit 2(Tile Floor, Wall to Wall Carpet, Stone/Ceramic Tile Floor), Unit 3(Tile Floor), Unit 4(Tile Floor)
Appliance Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator), Unit 2(Range, Dishwasher, Compactor, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Refrigerator), Unit 4(Range, Dishwasher, Refrigerator)
Laundry Laundry Room, Unit 2 Laundry Room
Exterior
Exterior Feature Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck, Unit 4 Balcony/Deck
Garage Spaces 2.0
Waterfront true
Waterfront Description Waterfront, Beach Front, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Total Parking Spaces 9
Garage Yes
Building
Lot Description Flood Plain
Story 5
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Salisbury Elem.
Middle Schools Triton
High Schools Triton
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Bought with Thomas J Saab • Tom Saab Real Estate
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