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11 & 13 16th St, Newbury, MA 01951

$849,000
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New to the Market Active
LOT SIZE 0.227 acres MLS#73531220
STATUSActive PROPERTY TYPELand - Residential

Property Description

Rare buildable 0.2273-acre (9,900 sq ft) lot in Newbury on Plum Island! Combine two side-by-side parcels (11 & 13) to build a multi-story home located on quiet 16th Street in the Newbury Plum Island Overlay District (PIOD) with northern views of The Basin. Unlike most of Plum Island, this is NOT in a flood zone. Preliminary due diligence with the town suggests the footprint supports approximately 1980 sq ft with 3BR of new construction with ample room for plenty of off-street parking. Municipal water and sewer are already on the street. An existing 600 sq ft cottage, supporting seasonal use, on parcel 13 establishes an excellent precedent for non-conforming structure/use. A 2-lot survey is available. Buyer is responsible for combining the parcels and for paying an outstanding $2,400 sewer betterment assessment (Water betterment has been paid) and to perform all due diligence. Signage on-site??come create your dream island getaway!

11 & 13 16th St | MLS# 73531220

This land located at 11 & 13 16th St, Newbury, MA 01951 is currently listed for sale with an asking price of $849,000. The property has approximately 0.23 Acres. Search Newbury real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.23 Acres
Taxes: $2,612

Feature Descriptions

Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Marina
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 2
Electric: On-Site
Electric On Property: Yes
Frontage: 113.00
Lot Features: Level
Number Of Lots: 1
Parcel Number: U030118 and 119
Rental Term: Monthly
Sewer: Public Sewer, At Street
Water: At Street
Waterfront Features: Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public, Other (See Remarks))

Local Schools

High School: Triton High School
Middle School: Triton Middle School
Elementary School: Newbury Elementary

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agent Name: Barry Mitchell
Agency Phone: 978-462-4430

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Estimated Payment

$ 2,354.80 per month $1,889.51 Principal & Interest $217.67 Property Tax $247.63 Homeowner's Insurance

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