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    5 Northern Blvd

    Newbury, MA 01951
    • $999,000
    • STATUS: Active
    • MLS #: 72809787
    New
    UPDATED: 57 min ago
    $999,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,576
      SQFT
    • $634
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Vincent Godin of Plum Island Properties.

    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! Possibilities for this property are numerous and the potential is great. Property is being sold as is. Buyer to assume betterment.

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    The property listing data and information 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 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 set forth herein. Data last updated 2021-04-11T16:06:37.383.
    www.trustrealtyone.com/homes/115826411
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    5 Northern Blvd Newbury, MA 01951

    • Price: $999,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 72809787
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,576
    SQFT
    $634
    $/SQFT
    1930
    Built
    Neighborhood:
    Plum Island
    County:
    Essex
    Area:
    Plum Island
    Elementary School:
    Newbury Element
    Middle School:
    Triton
    High School:
    Triton
    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! Possibilities for this property are numerous and the potential is great. Property is being sold as is. Buyer to assume betterment.
    Exterior Features

    Beach Description OceanDirect AccessWalk To Beach Miles To 0 To 1/10 Mile Beachfront Yes Color Light Blue Construction Frame Exterior Vinyl Exterior Features Porch - EnclosedPorch - ScreenedPatio - EnclosedStorage Shed Foundation Slab Lot Description Paved Drive Parking Features Off-StreetStone/Gravel Parking Spaces 9 Road Type Public Roof Material Asphalt/Fiberglass Shingles Water View Features Ocean Waterfront Flag No Waterview Flag Yes

    Interior Features

    Basement No Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Energy Features Storm WindowsStorm Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring PlywoodConcrete Floors Unit1 1 Floors Unit2 1 Floors Unit3 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water ElectricPropane Gas Levels 1 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 9 Rooms Unit1 3 Rooms Unit2 3 Rooms Unit3 3

    Property Features

    Apod Available Yes Assessments 320200.00 Disclosure No Electric Features 150 Amps Expenses Source Accountant Provided Expenses Year End 12/19 Gross Operating Income 51600 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lender Owned No Multifamily Type 3 Family - 3 Units Side By Side Net Operating Income 45600 Rent Unit1 1400 Rent Unit2 1450 Rent Unit3 1450 Sewage District Newbu Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 5300.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Res

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Vincent Godin of Plum Island Properties.


    The property listing data and information 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 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 set forth herein. Data last updated 2021-04-11T16:06:37.383.
     
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    Listing courtesy of Vincent Godin of Plum Island Properties.