$990,000

House for sale Newbury
Property photo number 1 of 16 Photos for Property. File  105204798_29_6967ac9c33db2e4f20a9784bf09bacb2.jpeg

Overview

SUMMARY: Discover an opportunity with this Newbury house for sale and available for $990,000. This could be your next ideal home or a smart investment. More details await.
**Seller open to "seller-financing" / partnership structures. One of the most compelling redevelopment opportunity available on Plum Island, with the the property offering ocean views just steps to the beach and attractions. Situated on a 6,499sqft lot with 6 off-street parking
spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. 2 potential development concepts may include: (1) three luxury 2-bedroom, 1-bath condos with parking and outdoor deck space; or (2) two larger 3-bedroom luxury condos with parking and outdoor deck space. Conceptual plans are available to qualified buyers. Additional development potential and/or expanded FAR (Floor Area Ratio) may be possible through future town permitting/approvals. Buyer to perform all due diligence. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure and do not represent the building as salvageable for renovation. Property sold as-is.
Request details

Details

  • Beds: 6
  • Baths: 3
  • Price: $990,000
  • Reference No.: 95267463
  • Area: 1,810 sqft

Location

Marketed by:

  • Compass
Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 0 times.