Welcome to your next great investment, or even a unique beach home! Discover a rare opportunity to own a well-maintained 6-unit multifamily property, so close to the sand at Salisbury Beach. Featuring two comfortable 2-bedroom units and four spacious 1-bedroom units, this property is the perfect combination of consistent cash flow, coastal charm, and unbeatable location. Currently occupied by long-term tenants, this property delivers excellent rental income potential and minimal vacancy risk thanks to its desirable location and strong local demand. Additional conveniences include a shared coin-operated laundry, private balconies, and six designated parking spaces. All utilities are common. Own a piece of the coast while generating consistent revenue. Properties like this are few and far between—secure your spot in one of the most desirable coastal markets today. Beach access is 700ft from the property. LAST opportunity to see all 6 units is at Open House, Sunday 6/8, 12:30-1:30pm.
- Basement:
- Walk-out Access
- Parking:
- Off Street
- Construction:
- Frame
- Flooring:
- Vinyl
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Roof deck in need of repair to bring up to code [currently limited to maintenance purposes. Tenant access not permitted at this time.] Units updated in 2021. New Navien heating system added in 2023., Real Estate Taxes Are Total Of Both Lots! Property Needs Repairs and Updating and Is Being Sold As Is!
- Garage Parking
- Lead Paint:
- Unknown
- Area:
- Salisbury Beach
- Market Time:
- 30
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $213
- Zoning:
- R3
- No Units:
- 6
- Orig Price:
- $974,900
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Salisbury
- State:
- MA
- County:
- Essex
- Postal Code:
- 01952
- Longitude:
- W71° 10' 58''
- Latitude:
- N42° 50' 13.1''
Residential Income
106 Railroad Ave, Salisbury, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $974,900
- Bedrooms :
- 8
- Rooms :
- 20
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 4,320 Sqft
- Year Built :
- 1946
- Lot Area :
- 0.07 Acre
- Listing ID :
- 73382570
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com