96 Atlantic Ave, Salisbury (Salisbury Beach), MA, 01952 | $1,995,000

A rare opportunity to own a one-of-a-kind ocean-view investment property just steps from Salisbury Beach. This unique offering includes two buildings with four residential units, blending luxury coastal living with outstanding income potential. The owner's residence has been completely renovated, including raising the roof two feet to create an open, light-filled living space. East-facing windows and sliders capture stunning sunrise and ocean views, while the gourmet chef's kitchen features an oversized island, premium Thermador appliances, custom cabinetry, and high-end finishes. The primary suite offers a spa-like ensuite with a tiled walk-in shower, walk-in closet and sliding door that leads to an impressive 48-foot trex deck overlooking the Atlantic. Three additional updated 2-bedroom, 1-bath units provide excellent rental income potential for long- or short-term rentals. Other highlights include a one-car garage, six assigned parking spaces, and close private beach access.

Features

  • Town: Salisbury
  • Amenities: Shopping, Park, Walk/Jog Trails, Conservation Area, Other
  • Rooms: 20
  • Bedrooms: 9
  • Baths: 5 full
  • Units: 4
  • Laundry: Washer & Dryer Hookup, Washer Hookup
  • Year Built: 1953
  • Garage: 1-car
  • Basement: Walk-Out Access, Dirt Floor
  • Approx Sq. Feet: 5,134
  • Acreage: 0.12
  • Est. Taxes: $13,489
  • Lot Desc: Level
  • View: Scenic View(s)
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range, Plumbed For Ice Maker
  • MLS#: 73543201
  • Website: https://www.raveis.com
    /prop/73543201/96atlanticave_salisbury_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Matthew Riley courtesy of Berkshire Hathaway HomeServices Verani Realty   Phone: 603-472-1010

Room Information

Type Description
Laundry Washer & Dryer Hookup, Washer Hookup

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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Our Insurance Division:

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96 Atlantic Ave, Salisbury (Salisbury Beach), MA, 01952

$1,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.157% 6.137%
Monthly Tax Payment $1,124 $1,124 $1,124
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,062 $9,569 $13,360
Total Monthly Payment $10,311 $10,818 $14,609

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.