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Street View
$4,899,000
Monthly Est:$24,384
20 Beds
22 Baths19 full baths + 3 half baths
21,319sqft
175 Bridge Rd, Salisbury, MA 01952
$4,899,000
$24,384/moEst:
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Multi Family
Built in 1960
$-- HOA
0.9 acre lot
$230/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 & 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.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 5, 2026 at 11:24 am
- Listing Provided by: The Bakhtiari Group (603) 560-5357 | Compass (978) 248-8081
- Source: MLS Property Information Network-MA | MLS#: 73437514
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
21,319 sqft
Lot Size
0.9 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73437514
MLS Status
Under Agreement
Days on Market
375
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 22
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Foundation Details
Concrete Perimeter
Construction Materials
Frame
Utilities & Energy
Water Source
Public
Parking Features
Paved Drive, Off Street, Deeded, Paved
Other Features
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...
Lot Features
Corner Lot
Patio And Porch Features
Deck
Community Features
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
Price History
| Date | Event | Price |
|---|---|---|
04/07/2026 Source: | Pending | $4,899,000 $230/sqft |
03/24/2026 Source: | Contingent (Active Under Contract) | $4,899,000 $230/sqft |
03/17/2026 Source: | Price Decreased | $4,899,000 -2.00% $230/sqft |
09/30/2025 Source: | Listed for Sale | $4,999,000 +19.02% $234/sqft |
09/25/2023 Source: | Sold | $4,200,000 $197/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 11, 2026, 02:45AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group