110 Route 1, Salisbury, MA 01952-Contract Pending

$1,175,000

This is a fantastic opportunity for the savvy investor. After 22 years, the current owner has decided to sell this property currently used as 19 rental units with tenants at will, occupying 18 of the units and 1 vacant unit waiting for renovation. There are fifteen free standing cottages and one Cape Style building with four units in it. These units are located just minutes to the beaches and the new Salisbury Boardwalk and the Reservation. In addition to all that this location has to offer it is conveniently located minutes to the restaurants and shops of downtown Newburyport as well as Market Square in Amesbury and the major highways. Take advantage of this once in a lifetime opportunity and purchase this special property. Continue running the property as the profitable investment property that it is, or renovate the cottages and become a part of Salisbury’s redevelopment and revitalization of the future. Seller financing available to qualified buyers. Pass Title V in hand.