5 Northern Blvd Newbury, MA $ 990,000
5 Northern Blvd
$ 990,000
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5 Northern Blvd

Newbury, MA, 01951
$ 990,000
Bedrooms6 Baths3.0 Sq 1,810

Monthly Estimate*

$ 6,096

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Multi-Family Home for sale in Newbury, MA

for $990,000 with 6 bedrooms and 3 full baths. This 1,810 square foot home was built in 1930 on a lot size of 0.15.

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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Multi-Family Active

Price

$ 990,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,261

Style

3 Family - 3 Units Side by Side

Lot Size

0.15

Year Built

1930

Town/City

Newbury

County/Region

Essex

MLS | Web ID

73535880

List By
The Bakhtiari Group

Listing Agent

Compass

Broker

Affordability Calculator

$6,617
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,096
Monthly Property Taxes
$522
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
6/15/2026$990,000 Listed Price

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5 Northern Blvd, Newbury, MA, 01951 is a Multi-Family Home for sale at $990,000 with 1,810 sqft and a lot size of 0.15. 5 Northern Blvd has 6 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 01951 which is in Newbury, MA