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$990,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 6 Total Beds
  • 0.15 Acres
  • Updated 2 days ago
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One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & 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. Two potential development concepts (with town approvals) may include: (1) three luxury 2-bedroom, 1-bath condos with ~600sqft of heated living space, two-car parking & ~475sqft of outdoor deck space; or (2) two larger luxury condos with ~900sqft of heated living space, 2-car parking & ~750 sqft. of outdoor deck space. Conceptual plans available upon request to qualified buyers. Buyer to perform all due diligence re zoning, permitting, redevelopment potential & future use. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.

Full Property Details for 5 Northern Blvd

General

  • Price: $990,000
  • Taxes: $6,261 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73535880
  • Updated: 6/15/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Features: Off Street

Location

  • County: Essex

Structural Information

  • Stories/Levels: 3
  • Square Feet: 1,810
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.15

Financial Considerations

  • Tax Amount: $6,261
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Seller's flood insurance is $1, 182/year. Buyer to assume Seller's betterment balance ($10, 401 as of June 2026). Seller/seller's agent make no representations or warranties. Buyer to do own due diligence.
  • Property ID: M:0U02 B:0000 L:00196, 2081309

Listed by Compass, The Bakhtiari Group and Sean Bakhtiari

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Listing agents

— 5 Northern Blvd —

  • The Bakhtiari Group

    Compass

  • Sean Bakhtiari

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 Northern Blvd

School District:Triton School District
NameGradesDistance
Newbury Elementary School
63 Hanover Street, Newbury, MA 01951
PK-63.2 mi
Triton Regional Middle School
112 Elm Street, Newbury, MA 01922
7-86.8 mi
Triton Regional High School
112 Elm Street, Newbury, MA 01922
9-126.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5 Northern Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/15/2026
Listed
$990,000
247.37%
MLS
9/03/2013
Sold
$285,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5 Northern Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,261
8%
$840,400
11%
2024
$5,824
24%
$758,300
40%
2023
$4,698
4%
$541,900
16%
2022
$4,538
33%
$466,400
46%
2021
$3,413
12%
$320,200
16%
2020
$3,041
2%
$276,700
—
2019
$2,991
1%
$276,700
2%
2018
$2,964
3%
$271,900
—
2017
$2,885
-10%
$271,900
-4%
2016
$3,219
2%
$282,400
3%
2015
$3,159
-10%
$274,200
-12%
2014
$3,527
—
$311,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass, The Bakhtiari Group and Sean Bakhtiari

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42 Hale St, Newburyport, MA 01950 - Photo 1 Just Listed
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42 Hale St  Newburyport, MA 01950

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Price Reduced near 5 Northern Blvd

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3 Marsh St, Newburyport, MA 01950 - Photo 1 Price Reduced
-$100,000 (-5.01%)
$1,895,000
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3 Marsh St  Newburyport, MA 01950

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86 Federal St, Newburyport, MA 01950 - Photo 1 Price Reduced
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86 Federal St  Newburyport, MA 01950

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4 Olive St, Newburyport, MA 01950 - Photo 1 Price Reduced
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4 Olive St  Newburyport, MA 01950

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2 Elbow Ln, Newburyport, MA 01950 - Photo 1 Price Reduced
-$40,000 (-7.27%)
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2 Elbow Ln  #A  Newburyport, MA 01950

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Recent Sales near 5 Northern Blvd

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2 Plum Island Blvd, Newbury, MA 01951 - Photo 1 Sold
$1,135,000

2 Plum Island Blvd  Newbury, MA 01951

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2 Sunset Blvd, Newbury, MA 01951 - Photo 1 Sold
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5 Northern Blvd, Newbury, MA 01951 (MLS# 73535880) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 5 Northern Blvd is currently listed for $990,000 and was received on June 15, 2026. Want to learn more about 5 Northern Blvd? Do you have questions about finding other Multi-Family real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

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