aisellshomes.space

$849,000

Active

11 & 13 16th st

Newbury, MA, 01951

Land · MLS #73531220

Days on market

6 days

Lot size

0.22 ac

0.22 acres

Lot

About this home

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!

Location

11 & 13 16th st, Newbury, MA, 01951

Property details

Road type
Public
Electric
110 Volts
Waterview Features
Bay, Ocean

Listed by Barry Mitchell · Coldwell Banker Realty

Schedule a showing

11 & 13 16th st

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$5,496 / month

Down payment20% · $169,800
Interest rate6.50%

Loan term

Principal & interest
$4,293
Property tax
$849
Home insurance
$354

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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