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$4,999,000

  • For Sale
  • Active
  • Multi-Family
  • 18 Units
  • 20 Total Beds
  • 0.9 Acres
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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.

Full Property Details for 175 Bridge Rd

General

  • Price: $4,999,000
  • Taxes: $25,729 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73437514
  • Updated: 10/4/2025
  • Added to Site: 111 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 22
  • Full Bathrooms: 19
  • Half Bathrooms: 3

Bedrooms

  • Total Bedrooms: 20

Parking

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

Location

  • County: Essex

Structural Information

  • Stories/Levels: 3
  • Square Feet: 21,319
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.9

Financial Considerations

  • Tax Amount: $25,729
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: 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...
  • Property ID: M: 7 P: 66, 2144819

Listed by Compass, The Bakhtiari Group and Sean Bakhtiari

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Listing agents

— 175 Bridge Rd —

  • The Bakhtiari Group

    Compass

  • Sean Bakhtiari

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 175 Bridge Rd

School District:Triton School District
NameGradesDistance
Triton Regional High School
112 Elm Street, Newbury, MA 01922
9-125.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 175 Bridge Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2025
Listed
$4,999,000
19.02%
MLS
9/20/2023
Sold
$4,199,999
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 175 Bridge Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,729
—
$2,552,500
4%
2024
$25,677
-3%
$2,457,100
—
2023
$26,537
-4%
$2,457,100
—
2021
$27,660
-1%
$2,456,500
1%
2020
$27,996
4%
$2,442,900
8%
2019
$26,829
1%
$2,262,100
—
2018
$26,578
5%
$2,256,200
7%
2017
$25,245
10%
$2,117,900
8%
2016
$22,855
-1%
$1,958,400
-1%
2015
$23,203
1%
$1,974,700
1%
2014
$23,036
—
$1,953,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass, The Bakhtiari Group and Sean Bakhtiari

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Price Reduced near 175 Bridge Rd

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Recent Sales near 175 Bridge Rd

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175 Bridge Rd, Salisbury, MA 01952 (MLS# 73437514) is a Multi-Family property with 18 units containing 20 bedrooms, 19 full bathrooms and 3 partial bathrooms. 175 Bridge Rd is currently listed for $4,999,000 and was received on September 30, 2025. Want to learn more about 175 Bridge Rd? Do you have questions about finding other Multi-Family real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

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