5 Northern Blvd, Newbury, MA 01951
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello 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
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. 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 re zoning, permitting, development 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.
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Home facts
- Year built:1930
- Listing ID #:73535880
- Updated:June 18, 2026 at 05:54 PM
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
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