BEDS5
BATHS3 full 1 partial
SQUARE FEET4,055
MLS#73472250
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
A rare investment opportunity in Byfield! This custom-updated two-family ranch is fully rented through September; Unit 1 offers 3 bedrooms and 2.5 baths with a bright open layout, bamboo flooring, granite countertops, stainless steel kitchen appliances, central heating and A/C, a private deck, new windows in the primary bedroom, private driveway and attached 2-car garage. Unit 2 features 2 bedrooms and 1 bath and was significantly refreshed in 2024 with new paint, luxury vinyl plank flooring, a custom pantry, new pellet stove insert, and new lighting. Unit 2 has a private driveway with direct private entrance, backyard access, a shed, and fire pit. Additional highlights include a new roof (2022), new on-demand hot water heater (2022), updated exterior trim and gutters (2025), 2015 septic with passed Title V in hand, low taxes and a Newbury Resident Plum Island parking pass. Prime location just 0.5 miles to I-95 and minutes to downtown Newburyport, beaches and The Rusty Can!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Finished
Basement: Yes
Cooling: Central Air
Fireplaces: 2
Garage: 2
Heating: Baseboard, Natural Gas
Lot Size: 0.59 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,636
Year Built: 1968
Amenities
Rain Gutters
Feature Descriptions
Building Area Total: 4055
Community Features: Highway Access
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: 34
Dwelling Type: Multi Family
Fireplace Y/N: Yes
GarageY/N: Yes
HeatingY/N: 1
Open Parking Y/N: Yes
Parcel Number: M:0U12 B:0000 L:00012,2082239
Parking Features: Paved Drive, Off Street
Parking Total: 10
Patio And Porch: Deck
Rent Includes: Unit 1(Water), Unit 2(Water)
Rooms Total: 14
Sewer: Private Sewer
Units: 2
Water: Public
Waterfront Features: Beach Ownership(Other (See Remarks))
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Beverly
Agency Phone: 978-927-1111
Agent Name: Alex Navarro
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,923.97 per month $2,169.93 Principal & Interest $469.67 Property Tax $284.38 Homeowner's Insurance
5 Oak Ter | MLS# 73472250
This multi-family property located at 5 Oak Ter, Newbury, MA 01922 is currently listed for sale with an asking price of $975,000. Search Newbury real estate on www.masiellogrouprealestate.com today.