Contract Signed
20 beds21,319 sqft

175 Bridge Rd, Salisbury, MA 01952

Multi FamilyProperty Type
0.90 acresLot Size
1960Year Built
$230/sq ftPrice per sq ft
60 carsParking Spaces

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

    P: (603) 560-5357

    M: (603) 560-5357

189 days on Market
Last updated: 10/05/2026 07:24 AM • Source: MLS PIN, MLS#: 73437514

Location

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$28,298 per month

30 year fixed, 7.03% Interest

Principal and Interest

$26,154

Property Taxes

$2,144

HOA Dues

$0

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Property Information for 175 Bridge Road

Property Details

  • Taxes: $25,729 / year
  • MLS Type: Multi-family / 5+ Family - Rooming House
  • County: Essex County
  • Town: Salisbury
  • Area: MA-Salisbury
  • Garage Spaces: 0
  • Open Parking Spaces: 60.00
  • Parking Spaces Total: 60

Building Information

  • Stories: 3
  • Residences: 18
  • Year Built: 1960
  • Lot Size: 0.90 AC / 39,282 SF

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
Apr 7, 2026

Under Agreement

MLS PIN #73437514

—
Mar 23, 2026

Contingent

MLS PIN #73437514

—
Mar 17, 2026

Price Change

MLS PIN #73437514

$4,899,000—
DateEvent & SourcePrice
04/07/2026

Under Agreement

MLS PIN #73437514

—
03/23/2026

Contingent

MLS PIN #73437514

—
03/17/2026

Price Change

MLS PIN #73437514

$4,899,000

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

Public records

175 Bridge Road

Baths

20

Total Finished SqFt

21,319 SqFt

Above Grade Finished SqFt

21,319 SqFt

Unfinished Basement SqFt

11,120 SqFt

Stories

3

Lot Size

39,282 SqFt

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make 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.