11 & 13 16th St, Newbury, MA 01951

$849,000

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List Price
$849,000
Status
ACTIVE
MLS#
73531220
Lot Size (Acres)
0.22

Property Description

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!

Additional Information

Area
Plum Island
Taxes
$2,612
Lot Description
Level
Water
At Street
Sewer
Public Sewer, At Street
Elementary School
Newbury Elementary
Middle School
Triton Middle School
High School
Triton High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Barry Mitchell from Listing Office: Coldwell Banker Realty.

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