Multi-Family for Sale: 5 Oak Terrace, Newbury, MA 01922

5 beds
4 full baths
4,055 sqft
$875,000
$875,000
5 Oak Terrace, Newbury, MA 01922
5 beds
4 full baths
4,055 sqft
$875,000
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Price:
$875,000

Type Multi-Family
Beds 5
Total Baths 4 full baths
Square Feet 4,055 sqft
Garage Spaces 2
Lot Size 0.59 acres
Year Built 1968

City Newbury
County Essex

MLS 73250965
Status Pending
DOM 20 days
A rare opportunity to own a custom-updated 5 bed, 4 bath, 4,055 sqft 2-family ranch (the 2nd unit being a legal 1-bedroom in-law apartment), located on a 0.59 acre lot at the end of a quiet cul de sac street. The main home features 3 bedrooms, 3 full baths, an open-concept kitchen & dining area w/ sliders to the back deck, a sunlight living room w/ wood burning fireplace, hardwood floors & 2-car garage. The in-law apt offers approximately 1,645 sqft, 1 bedroom, 1 bath w/ laundry, an open kitchen/dining area, a large living room w/ wood-burning fireplace, & private entrance. Additional highlights include a bonus room adjacent to the in-law that can be used as a 2nd bedroom for the in-law, or a 4th bedroom/office for the main house, central AC, natural gas heat, new on-demand water heater, 2-year-old roof, & a lightly used septic system installed in 2015 (passing Title V certificate in hand). Ideal for multi-generational living or rental income, combining comfort, style, & practicality.

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Oven, Microwave, Freezer, Dryer
Construction Frame
Cooling Central Air
Heating Baseboard, Natural Gas
Sewer Private Sewer
Tax Year 2024
Taxes Paid $5,594
Water Public
Foundation Concrete Perimeter
Exterior Features Rain Gutters
Interior Features Bathroom With Tub, Ceiling Fan(s), Bathroom With Tub & Shower
Roof Shingle
Full Baths 4
Parking Off Street, Paved Drive
Total Rooms 11
Basement Feature Finished, Walk-Out Access, Full
Garage Spaces 2
Fireplaces 2

Community and Schools

Junior High School Triton
Senior High School Triton

Price History of 5 Oak Terrace, Newbury, MA

Date Name Price Difference
06/12/2024 Listing Price $875,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5 Oak Terrace, Newbury, MA

Location Map Street View
Photo of Jim Giampa
Jim Giampa
Manager / Broker
Direct: 603-235-5887
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Compass, The Bakhtiari Group
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1%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

5 Oak Terrace (MLS #73250965) is a multi-family listing located in Newbury, MA. This multi-family listing is 4,055 sqft and on a lot of 25,705 sqft (or 0.59 acres) with 5 bedrooms, 4 baths and is 56 years old. This property was listed on 06/12/2024 and has been priced for sale at $875,000.

Nearby zip codes are 01833, 01950, 01969, 01985 and 02738. This property neighbors other cities such as Georgetown, Marion, Newburyport, Rowley and West Newbury.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Compass

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.