Property Description
Incredible opportunity for the investor or builder who wants to break into the Plum Island Market. Legal three-unit property directly across from the ocean. Property has excellent rental income history for both annual and short-term vacation rentals. Live in one unit and rent the other two! Or develop three units with amazing ocean views! Possibilities for this property are numerous and the potential is great. Property is being sold as is. Buyer to assume betterment.
Location
MA
Essex
Newbury
Plum Island
01951
5
Northern Blvd
Plum Island Blvd to end, bear left 1st house on left
W71° 11′ 26.8”
N42° 47′ 57.3”
5 Northern Blvd, Newbury MA 01951
5
School Information
Newbury Element
Triton
Triton
Community Information
1
Additional Information
N
Unknown
Systems and Appliances
: 150 Amp Service
: Public Sewer
Home owner association information
3
Zoning/Tax Information
$8,000
2024
Res
617
34584
$758,300
Building Information
$50,000
1,850 Sqft
Public Records
: Shed(s)
: Public
3
: Public
No
Paved
No
: Storm Window(s)
No
Living Space
$10,000
Features
: Screened, Enclosed, Patio – Enclosed
: 9
: Paved Drive, Off Street, Stone/gravel
: Storm Door(s)
No
: Concrete, Plywood
: Shingle
: Beach Front, Ocean, 0 To 1/10 Mile To Beach, Walk To, Direct Access
Listing Agent/Office
Plum Island Properties
Vincent Godin
AN4412
CN227931
5 Northern Blvd, Newbury MA 01951 – 3 Family – 3 Units Side By Side Fo
5 Northern Blvd, Newbury, Massachusetts 01951
6 Bedrooms
3 Full Bathrooms
1,850 Sqft
$999,999
Listing ID #73209972
Basic Details
Price : $999,999
Original List Price : $999,999
Property Type : 3 Family – 3 Units Side By Side
Listing Type : For Sale
Buyer Agency Compensation : 2%
Listing ID : 73209972
Listing Category : Multi-family
Listing Status : Active
Listing Sub-Status : Active
Days on Market : 68
Bedrooms : 6
Total Bathrooms : 3
Full Bathrooms : 3
Total Rooms : 9
Living Area : 1,850 Sqft
Year Built : 1930
Lot Size : 6,499 Sqft
Lot Size (Acres) : 0.15
Neighborhood : Plum Island
List Date : 03/07/2024 02:51 PM
Last Status updated: : 03/07/2024 02:51 PM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent