175 Bridge Rd, Salisbury MA 01952

Salisbury, MA 01952

$4,999,000

Est. $27,622/month

Beds

20.5

Baths

21,319

Sq Ft

$234

Price/Sq Ft

0.90

Acres

1960

Year Built

5+ Family - Rooming House

Type

Days on Market

Active Listed Sep 30, 2025 • MLS# 73437514 Copied!

About this home

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.

Property Overview

Property Type

5+ Family - Rooming House

Listing Type

For Sale

Year Built

1960

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

21,319 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - Rooming House

Year Built 1960

Living Area 21,319 sq ft

Lot Size 0.90 acres

Bedrooms 20

Full Baths 19

Half Baths 3

Total Rooms 20

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Fireplaces 2

Basement None

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch Deck

Parking

Features Paved Drive, Off Street, Deeded, Paved

Total Spaces 60

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $25,729

Assessed Value $2,552,500

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1960

Structure Type:

Exterior Materials: Frame

Roof:

Foundation: Concrete Perimeter

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Deck

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Total Parking Spaces: 60

Parking Features: Paved Drive, Off Street, Deeded, Paved

Special Features

Fireplaces: 2

Fireplace Type:

View: Yes

View Type: Scenic View(s)

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School

Location

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Neighborhood

175 Bridge Rd, Salisbury MA 01952

Salisbury, MA 01952

Walkability

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Schools

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Principal & Interest $0

Property Tax $2,144

Homeowners Insurance $200

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Sep 30, 2025

$4,999,000

Original listing

Office: Compass

Date	Event	Price	Change	$/sqft	Details
09/30/2025	🏠 Listed for Sale	$4,999,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Dec 3, 2025	Sold	$4,999,000	—
Sep 30, 2025	New Listing Added	$4,999,000	—

Market Statistics

Days on Market

66 days

Price per Sq Ft

$234

Tax History

Year	Taxes	Assessment
2025	$25,729	$2,552,500

Financial Details

Annual Property Tax

$25,729

Tax Year 2025

Assessed Value

$2,552,500

Listing Information

Listing Agent The Bakhtiari Group

Listing Office Compass

Agent MLS ID TM356376

Office MLS ID AN7000

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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175 Bridge Rd, Salisbury MA 01952

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

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Schools

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Listed for Sale

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