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$960,000
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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!
Full Property Details
Full Property Details for 5 Oak Terrace
General
- Sold For: $960,000
- Taxes: $5,636 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73472250
- Added to Site: 121 day(s) ago
Rental Information
- Rent Includes: Unit 1(Water), Unit 2(Water)
Interior
- Number of Rooms: 14
- Fireplace: Yes
- Number of Fireplaces: 2
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Main - Full Baths: 3
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 10
- Parking Features: Paved Drive, Off Street
Location
- Area: Byfield
- County: Essex
- Driving Directions: Use Google Maps
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Natural Gas
- Heating Fuel: Baseboard, Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Basement: Yes
- Basement Desc.: Full, Finished
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 4,055
- Sq. Ft. Source: Public Records
- Living Area: 4,055 Sq. Ft.
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.59
- Lot Dimensions: .59
- Frontage: Public
Water Features
- Water Front Desc.: Beach Ownership(Other (See Remarks))
Financial Considerations
- Price Per Sq. Ft.: $236.74
- Tax Amount: $5,636
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: Newbury resident parking access for Plum Island Beach
- Property ID: M:0U12 B:0000 L:00012, 2082239
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Schools
Schools serving 5 Oak Terrace
School District:Triton School District
| Name | Grades | Distance |
|---|---|---|
Newbury Elementary School 63 Hanover Street, Newbury, MA 01951 | PK-6 | 4.5 mi |
Triton Regional Middle School 112 Elm Street, Newbury, MA 01922 | 7-8 | 1.9 mi |
Triton Regional High School 112 Elm Street, Newbury, MA 01922 | 9-12 | 1.9 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 Oak Terrace
Date
Details
Price
Change
Source
4/06/2026
Sold
$960,000
-1.54%
MLS
1/28/2026
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Oak Ter, Newbury, MA 01922 (MLS# 73472250) is a Multi-Family property that was sold at $960,000 on April 06, 2026. This property was listed by Alex Navarro from our Beverly Office.Want to learn more about 5 Oak Ter? Do you have questions about finding other Multi-Family real estate for sale in Newbury? You can browse all Newbury real estate or contact a Coldwell Banker agent to request more information.


