Newbury MA Multi Family for Sale
$1,499,000
2 Northern Blvd Unit 2 Newbury, MA 01951
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.37 Acres
- Year built:
- 1970
- Baths:
- 2.00
- MLS#:
- 73307254
ADDITIONAL INFORMATION
Oceanfront Mixed-Use Property with development potential. Discover a rare gem in this stunning oceanfront property situated on a large lot with multiple potential uses. This unique opportunity features a well-appointed upstairs apartment, offering breathtaking ocean views and a comfortable and stylish living space. The ground level hosts a commercial space that was previously occupied by a popular take out restaurant and ice cream stand. Outside you'll find an outdoor shower, large deck space and seaside seating areas. The prime location offers excellent visibility, parking and foot traffic opportunities. Looking to build your dream home? Take advantage of the residential zoning and over 16,500 sq. ft. lot! Alternatively, the property has fantastic potential for investors looking to capture rental income. Located in the Plum Island Overly District. Buyer responsible for all due diligence. Large oceanfront lots like this are rare, don't miss this incredible opportunity!
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Newbury Real Estate
The median home value in Newbury, MA is $999,999. This is higher than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Newbury, MA is $999,999. Approximately 73.55% of Newbury homes are owned, compared to 8.38% rented, while 18.08% are vacant. Newbury real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newbury real estate agent to arrange a tour today!
Newbury, Massachusetts has a population of 6,745. Newbury is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Newbury, Massachusetts is $152,356. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Newbury is 50.3 years.
Newbury Weather
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 50.4 inches per year, with 54.7 inches of snow per year.