Discover the epitome of coastal living—a newly rebuilt multi-use gem that’s as lucrative as it is lovely. This stunning property boasts 5 bdrms, 2 bathrooms, and energy-efficient enhancements. Each unit features brand-new kitchens and bathrooms, complete with new flooring, custom trim, and vaulted ceilings, creating an open, airy ambiance. Fully furnished & turn key ready, this residence not only offers a comfortable living experience but also serves as a profitable business opportunity, thanks to separate utilities and commercial parking spaces. Whether you’re starting your day with sunrise views or enjoying passive rental income, this property ensures every box is checked. Step into a life of sand, surf, and superb income potential at this prime location. Perfect for those who appreciate both quality construction and potential earnings. Welcome home to your beachside retreat and investment combined.
This listing has been viewed 55 times in the past 101 days
Last Updated: July 1st, 2024 at 6:58am
Walk/jog Trails
Conservation Area
Highway Access
Shopping
Public Transportation
Marina
Sidewalks
General Information for 49 Northern Blvd, Newbury, Massachusetts 01951
Property TypeResidential Income
Property Sub TypeMulti Family
Price$2,275,000
Price per sqft$1,012.91
MLS #73257045
Handicap Access / FeaturesNo
List Date2024-06-25
Special Listing Conditions
StateMassachusetts
Street NameNorthern Blvd
CityNewbury
Zip Code01951
CountyEssex
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones2
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2246
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress49 Northern Blvd, Newbury MA 01951
Zoning
Interior Features for 49 Northern Blvd, Newbury, Massachusetts 01951
* Approx. Living Area Total2,246 sq ft
Living Area Includes BasementNo
Bedrooms5
* # Fireplaces0
Bathrooms (Total)2
Full Baths2
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
2
Electric
Living Area Disclosurebuyer to confirm all measurements. 2 Units current
Living Area Includes BasementNo
Door FeaturesInsulated Doors, Storm Door(s)
ElectricYes
Electric$3,000
MLS Area (Major)Plum Island
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_23
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$10,648
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 49 Northern Blvd, Newbury, Massachusetts 01951
* Approximate Lot Size0.18 acres
Covered Parking Spaces0
Lot FeaturesCleared, Corner Lot, Gentle Sloping, Level
* Parking Spaces17
* Sewer Utilities
* Water Utilities
* Year Built1910
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsBlock
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)7,971 Sqft
Disclosures for 49 Northern Blvd, Newbury, Massachusetts 01951
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintUnknown
Living Area Disclosurebuyer to confirm all measurements. 2 Units current
Living Area Includes BasementNo
Facilitator Compensation1
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 49 Northern Blvd, Newbury, Massachusetts 01951
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceOwner
Gross Income$142,949
Insurance Expense$7,048
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_22
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$15,000
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT20
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$600
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$10,648
OriginalListPrice$2,275,000
RENT_FEE_INCLUDES
TOTAL_RENT0
WaterSewerExpense$600
Lifestyle Information for 49 Northern Blvd, Newbury, Massachusetts 01951
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features0 To 1/10 Mile To Beach, Beach Front, Beach Ownership(public), Direct Access, Ocean, Sound, Walk To
Location information for 49 Northern Blvd, Newbury, Massachusetts 01951
Elementary School
Middle School
High School
NumberOfUnitsTotal2
Marketing History for 49 Northern Blvd, Newbury, Massachusetts 01951
MLSPIN_MARKET_TIME_BROKER5
MLSPIN_MARKET_TIME_PROPERTY5
PurchaseContractDate
Agent Information for 49 Northern Blvd, Newbury, Massachusetts 01951