175 Bridge Rd

$4,999,000
Price
21,319 Sq. Ft.
$234 / Sq. Ft.
21,319
Sq. Ft.
$234
per Sq. Ft.

Description

Discover a rare coastal investment opportunity—a renovated 18-unit boutique hotel w/ Merrimack River views, PLUS a ~10,000sqft restaurant/event venue. Located on Rings Island, this asset has a unique edge in a high-demand, limited-supply market where Newburyport’s STR regulations have constrained inventory, and benefits from an extensive $2M+ renovation in 2016. With professional management in place since May 2025, summer revenues surged ~88% YoY. Hotel guests enjoy walkability to downtown Newburyport...Discover a rare coastal investment opportunity—a renovated 18-unit boutique hotel w/ Merrimack River views, PLUS a ~10,000sqft restaurant/event venue. Located on Rings Island, this asset has a unique edge in a high-demand, limited-supply market where Newburyport’s STR regulations have constrained inventory, and benefits from an extensive $2M+ renovation in 2016. With professional management in place since May 2025, summer revenues surged ~88% YoY. Hotel guests enjoy walkability to downtown Newburyport & close proximately to Salisbury Beach. The hotel (Guest House Suites) features 3 Two Bedroom Suites, 2 Junior King Suites, 5 Large King Studios, 3 Standard King Studios & 5 Double Queen Studios. The restaurant (The Slip) provides a variety of options—operate existing restaurant, lease to a new owner, convert to high-end suites (w/ town approvals), etc. The property could be delivered fully furnished/equipped. This is a legacy asset where lifestyle, hospitality, & investment intersect.

Listing Agent

  1. Sean Bakhtiari

    Sean Bakhtiari

    Alternative Listing Agent

    Compass

Property Details for 175 Bridge Road

Town
Salisbury
Area
MA-Salisbury
Garage Spaces
0
Parking Spaces
60.00
Parking Spaces Total
60
LISTING UPDATED: 12/03/2025 09:52 AM

Property Details for 175 Bridge Road

StatusActive
MLS #73437514
Days on Market100
Taxes$25,729 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1960
CountyEssex County
Add your commute

Building Information for 175 Bridge Road

Stories3Residences18Year Built1960Building Size-Lot Size0.90 AC / 39,282 SF

Payment Calculator

$26,508 per month

30 year fixed, 6.15% Interest

Principal and Interest

$24,364

Property Taxes

$2,144

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 175 Bridge Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
  • Living Area: 21319.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 18
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 22.0
  • Num of Full Baths: 19
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 20.50
  • Bathrooms Total Integer: 22
  • FireplaceYN: Yes
  • Fireplaces: 2
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Unknown To Beach
  • Waterview Features: River
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Deeded, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Deeded, Paved Driveway
  • Parking Features: Off-Street, Deeded, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Email offers along with letter of intent/proof of funds,and signed property disclosures... Seller or seller's agent make no representations or warranties. Buyer to do own due diligence...
Tax Information
  • Tax ID: M: 7 P: 66,2144819
  • Assessments: $2,552,500
  • Book: 41770
  • Tax Year: 2025
  • Zoning: C
Building / Association Information
Living Characteristics
  • Beds Total: 20
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 3
Income / Expenses
  • GOI: $79,200.00
  • NOI: $79,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 3
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 3
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,600.00

Property History for 175 Bridge Road

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Listed (Active)

MLS PIN #73437514

$4,999,000
Dec 15, 2000

Sold (Public Record)

Public Record #89407701

$600,000
DateEvent & SourcePrice
09/30/2025

Listed (Active)

MLS PIN #73437514

$4,999,000
12/15/2000

Sold (Public Record)

Public Record #89407701

$600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 175 Bridge Road

Taxable ValueLand$423,200Additions$2,129,300Total$2,552,500
Tax Record2025$25,729 ($2,144 / month)
Home Facts
Baths20Total Finished SqFt21,319 SqFtAbove Grade Finished SqFt21,319 SqFtUnfinished Basement SqFt11,120 SqFtStories3Lot Size39,282 SqFtStyleHotel / MotelYear Built1960Year Renovated1978ZoningCCountyESSEXAPNSALI M: 7 P: 66Fireplace TypeHas Fireplace

Schools near 175 Bridge Road

This home is within Triton School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Newbury Elementary School
PublicPK to 6

Triton Regional Middle School
Public7 to 8

Triton Regional High School
Public9 to 12

Salisbury Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

175 Bridge Road is a multi-family home for sale in Salisbury, MA 01952. This property was listed for sale on September 30, 2025 by Compass, it's currently listed at $4,999,000. It has been on the market for a total of 100 days and was last sold on December 15, 2000. This listing's school district is Triton School District. Nearby schools include Newbury Elementary School, Triton Regional Middle School and Triton Regional High School. 175 Bridge Road is a 20-bed, 22-bath, 21,319 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.