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Just a short walk to the sandy shores of Salisbury Beach, this rare three-family property on Railroad Avenue offers endless possibilities for investors, developers, short-term rental operators, or owner occupants. Currently configured as three separate units, the downstairs unit offers 3 bedrooms, while each of the upstairs units feature 2 bedrooms. It also features a fenced yard as well as front and back decks — perfect for relaxing after a day at the beach. Adding to its appeal, this offering also includes the adjacent parcel at 52 Brissette Ave, currently utilized for parking. Per public records, the additional lot has potential for development, creating a unique opportunity for expansion, new construction, or increased rental income. Whether you’re looking to maximize cash flow through beachside rentals, develop multiple units, or create a one-of-a-kind seaside retreat, this property delivers both location and potential.
General Information for 116 Railroad Ave Salisbury, MA 01952 |
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| Town | Salisbury |
| County | Essex |
| Stories | 3 |
| SQFT | 1,824 |
| Status | Under Contract |
| Listing Number | 73439371 (MLSPIN) |
Rooms Information for 116 Railroad Ave Salisbury, MA 01952 |
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| Laundry | Electric Dryer Hookup Washer Hookup |
Interior Information for 116 Railroad Ave Salisbury, MA 01952 |
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| Interior Features | Living Room Dining Room Kitchen Tile Laminate |
Exterior Information for 116 Railroad Ave Salisbury, MA 01952 |
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| Lot Size | 0.07 acres |
| Construction | Frame |
| Parking | Spaces: 15 Off Street |
| Water | Public |
| Sewer | Public Sewer |
| Exterior Features | Balcony Outdoor Shower Fenced/Enclosed Fenced |
Neighborhood Information for 116 Railroad Ave Salisbury, MA 01952 |
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Miscellaneous Information for 116 Railroad Ave Salisbury, MA 01952 |
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| Year Built | 1957 |
| Association Fee | 0 |
| Taxes | $7,025 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 5,617 |
| Avg Price | $939,572 |
| Avg Days Listed | 117 |
| Total New Listings | 1 |
| House | Data |
|---|---|
| Units | 9,468 |
| Avg Price | $1,199,723 |
| Avg Days Listed | 103 |
| Total New Listings | 7 |
| Multi-Family | Data |
|---|---|
| Units | 1,927 |
| Avg Price | $1,354,406 |
| Avg Days Listed | 122 |
| Total New Listings | 0 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 59 minutes ago |
The property listing data and information 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 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 set forth herein.
(AN7081/CN236263)
