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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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175 Bridge Rd , Salisbury, MA 01952
$4,899,000
Est. Payment: $10,886.67/mo
20 Bed
22 Bath
21319 Sqft
Status: Under Agreement | Days on site: 321
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AN7000 - TM356376
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House 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.

Highlights

Listed by The Bakhtiari Group , 603-560-5357 Compass , 978-248-8081.

Property Type

Multi-Family

Lot/Acreage
0.9

Year Built

1960

County

Essex

Listing ID

73437514

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:20
  • Bathrooms:22
  • Full Bathrooms:19
  • 1/2 Bathrooms:3
Water:Public

Exterior Features

Lot:Corner Lot,Unknown To Beach
Garage Capacity:60
Zoning:C
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Deeded,Paved,Parking Spaces: 60
Principal Interest
$10,887
Taxes
$2,144

Home Price

$4,899,000

Loan Details

30 yrs
%

Down Payment

20%
$979,800
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Monthly Price:
$10,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,886.67 $2,144.08 $0.00 $13,030.75
Yearly $130,640.00 $25,729.00 $0.00 $156,369.00
Total $3,919,200.00 $771,870.00 $0.00 $4,691,070.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salisbury, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.