5 Northern Blvd, Newbury, MA 01951
- Beds
- 6
- Baths
- 3
- Sqft
- 1,810
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Overview
**Seller open to "seller-financing" / partnership structures. One of the most compelling redevelopment opportunity available on Plum Island, with the the property offering ocean views just steps to the beach & 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. 2 potential development concepts may include: (1) three luxury 2-bedroom, 1-bath condos with parking & outdoor deck space; or (2) two larger 3-bedroom luxury condos with parking & outdoor deck space. Conceptual plans are available to qualified buyers. Additional development potential and/or expanded FAR (Floor Area Ratio) may be possible through future town permitting/approvals. Buyer to perform all due diligence. 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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 6
- Number of bathrooms
- 3
- Square feet
- 1,810
- Lot size (acres)
- 0.15
- Year built
- 1930
Exterior features
- Water view
- Yes
- Waterfront
- Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership - Public
- Area amenities
- Golf Course
- Horse amenities
- Stable
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $6,261
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73535880 Last checked: …
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