Salisbury Developer Wanted – Salisbury Investor

Salisbury Developer or Invester Wanted.

 

 

 

 

 

The property is located on the southernmost portion of Atlantic Avenue, where there are only houses on the beach side, nothing across the street; the most secluded section of Salisbury Beach.   Direct views of Newburyport across the marsh and water from the street side, direct beachfront in back.

 

 

 

 

 

Apartments are two story side-by-side, two per building.  Each unit is approx.. 1100 sq. ft.  4 Bedrooms & 1 Bath.  Off street parking for 5 cars.

 

 

 

 

 

This 2 building, 4 unit investment property is in very good condition, currently used as seasonal rentals but is an opportunity for redevelopment and condominiums.

 

 

 

 

 

Options may include reconfiguring into 4 garden-style condos, or converting the waterfront building into a high end beach front home while maintaining the street front building for rental income.   Can be kept as is and continue as a steady rental cash flow!   Call John Wells at 978-518-1481 for a viewing.

 

 

 

 

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.

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