MA
Essex
Newbury
01951
5 Northern Blvd
5 Northern Blvd, Newbury, MA 01951
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Listing Type
Multi Family
Listing Status
Active
31
$990,000

Home Details for 5 Northern Blvd

Price
$990,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Square feet
1810
Year built
1930
Lot size acres
0.15
County
Essex
Total rooms
9
Days on site
2
MLS Listing#
73535880
Property Description

One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & attractions. Situated on a 6,499sqft lot with 6 off-street parking spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. Two potential development concepts (with town approvals) may include: (1) three luxury 2-bedroom, 1-bath condos with ~600sqft of heated living space, two-car parking & ~475sqft of outdoor deck space; or (2) two larger luxury condos with ~900sqft of heated living space, 2-car parking & ~750 sqft. of outdoor deck space. Conceptual plans available upon request to qualified buyers. Buyer to perform all due diligence re zoning, permitting, redevelopment potential & future use. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.

Property Features
  • Waterfront and Water Access
    • Ocean Front
    • Waterfront Access
  • Water Features
    • Public
  • Parking
    • Off Street
School Information
School Information for 5 Northern Blvd, Newbury, MA 01951
Elementary School
Newbury Element
Middle School
Triton
High School
Triton
Listing Courtesy: Compass - 978-248-8081
Presented by: The Bakhtiari Group
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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