Multi-Family $ 699,900

116 Railroad Ave

Salisbury, MA 01952

  • 7 Beds
  • 3 Baths
    Full Baths: 3
  • 1,824 SqFt
  • 3,049 Lot Size
  • 1957 Year Built
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.
Listed by Alyson Traficante of Foundation Brokerage Group

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type 3 Family

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 1, 824 sqft

    Price per Sqft $383

    MLS Listing ID 73439371

    Bedrooms 7

    Full Baths 3

    Year Built 1957

    Annual Tax Amount $7,025

    Tax Year 2025

    Lot Size 3,049 Sqft

    Acres 0.07

    Property Sub-Type 3 Family

  • Location

    State MA

    County Essex

    Zoning R3

    Direction Beach Rd to Cable Ave to Railroad Ave

  • Building

    Story 3

    Foundation Block

    Sewer Public Sewer

    Water Public

  • Interior

    Interior Features Living Room, Dining Room, Kitchen

    Flooring Tile, Laminate

    Laundry Electric Dryer Hookup, Washer Hookup

  • Exterior

    Exterior Feature Balcony, Outdoor Shower

    Fence Fenced/Enclosed, Fenced

    Utilities Available for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

    Waterfront Description Beach Access,Ocean,Walk to,0 to 1/10 Mile To Beach,Beach Ownership(Public)

    Roof Type Asphalt/Composition Shingles

    Total Parking Spaces 15

    Garage No

  • Others

    Senior Community false

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