5 Northern Blvd, Newbury, MA 01951

Local realty services provided by:ERA Cape Real Estate
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. 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.

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Home facts

  • Year built:1930
  • Listing ID #:73535880
  • Updated:June 16, 2026 at 12:24 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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