118 Atlantic Ave, Salisbury MA 01952

Salisbury, MA 01952 • Salisbury Beach - Across from beach
$550,000
4
Beds
2.5
Baths
1,406
Sq Ft
$391
Price/Sq Ft
0.06
Acres
1955
Year Built
3
Parking
52
Days on Market
Sold 2023 Listed Oct 19, 2022 • MLS# 73042201 Copied! • Updated Jan 9, 2023

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Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $550,000
Difference: $49,900 (-8.3%)
Performance Metrics
91.7%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $427
Sale $/sq ft: $391
This property sold for $391 per square foot
Sale Summary

This property sold for 8.3% below the original asking price.

The property spent 52 days on market before selling.

About this home

Salisbury Beach is less than 100 feet from this rare year-round 2-family with strong rental history. Walk to the beach in under 2 minutes, and enjoy your Atlantic Ocean views and spectacular sunrises from the top deck. The boardwalk, restaurants, and bars are a 3 minute bike/car ride straight down Atlantic Ave, or can be reached with a short stroll along the beach in less than 10. Location, location, location. Only a few rental properties this close to the ocean have sold all year, so don’t miss this chance to make your move before next Summer! Plenty of time to suit this income producing beach house to your liking with a little sweat equity and TLC to make it shine again. Each cozy unit has 2 bedrooms and 1 full bathroom, and an additional half bath can be found in the first floor unit. The property includes 3 off-street paved parking spots.

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Recently Sold Nearby

Price & Status History

Market Insights

34.5%
Price Range
54
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73601297
Full transaction history available when tracking began
🏡
Currently Listed
Nov 12, 2026
$839,900
MLS #73601297 - Active
Previous Transaction - MLS #73336598
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 10, 2025
$730,000
MLS #73336598
✓
Sold
Jan 4, 2023
$550,000
Property sold
Days on Market: 54
🏠
Listed for Sale
Oct 19, 2022
$599,900
Original listing

Tax History

Year Taxes Assessment
2022 $5,064 $454,600

Financial Details

Annual Property Tax
$5,064
Tax Year 2022
Assessed Value
$454,600

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1955
Living Area 1,406 sq ft
Lot Size 0.06 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $1,100/mo · N
Total Monthly Rent $1,100/mo
Gross Income $13,200
Net Operating Income $13,200
Cap Rate 2.20%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture Cape
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood
Features Paved Drive, Off Street, Paved
Total Spaces 3
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,064
Assessed Value $454,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
House Color Green
Sq Ft Source Public Record
Sq Ft Disclosures Two Family consisting of #1,406 square feet on two floors,
Documents None
County Essex
Total market time (incl. prior listings) 54 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1955
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,406 sq ft
Total Rooms
9
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Style: Cape
Year Built: 1955
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Utilities & Systems

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved
School District
Triton School District local
B-
✓ School Safety 2024-25
1.3% Average
1.3% Suspensions 0.7% In-School
↓ 4.2% below state avg
E

Elementary Schools

3 schools
C
Salisbury Elementary School
2.9 mi | #597 of 825 | Score: 40.9
Dropped 129 spots from last year
-17.3 below state avg
385 students Moderate
Grades PK-06
Newburyport Montessori School
3.3 mi
Grades PK-K
Immaculate Conception School
3.4 mi
Grades K-08
M

Middle Schools

1 school
A
Rupert A Nock Middle School
4.0 mi | #58 of 352 | Score: 55.6
Improved 47 spots from last year
-2.6 below state avg
498 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

1 school
A
Newburyport High School
3.9 mi | #53 of 346 | Score: 67.1
Improved 12 spots from last year
+8.8 above state avg
745 students Less Diverse
18 sports • 1,722 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

Salisbury Beach - Across from beach

118 Atlantic Ave, Salisbury MA 01952

Salisbury, MA 01952

Listing Information

Agent MLS ID H8000677
Office MLS ID H66500
Listing Data Updated Jan 9, 2023 3:44 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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