5 Northern Blvd, Newbury, MA 01951

Newbury
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
5 Northern Blvd,Newbury, MA 01951
$990,000
  • 6 Beds
  • 3 Baths
  • 1,810 sq. ft.
  • Multi-family
  • Active
Listed by: the bakhtiari group, sean bakhtiari
Office: compass
MLS#:73535880
Source:MLSPIN

Price summary

  • Price:$990,000
  • Price per sq. ft.:$546.96

About this home

**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.

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Home facts

  • Year built:1930
  • Listing ID #:73535880
  • Updated:September 18, 2026 at 11:32 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:9
  • Living area:1,810 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:1,810 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Cleared, Level
  • Foundation Description:Concrete Perimeter, Slab

Schools

  • High school:Triton
  • Middle school:Triton
  • Elementary school:Newbury Element

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$990,000
  • Price per sq. ft.:$546.96
  • Tax amount:$6,261 (2025)

Parking

  • Total parking spaces:6
  • Parking description:Off Street
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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