Newbury, MA 01922,5 Oak Terrace
Newbury, MA 01922,5 Oak Terrace
Newbury, MA 01922,5 Oak Terrace
42
$900,000
$875,000
2.9%
Est.Price: ?

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5 BD
4 BA
4,055 SqFt

5 Oak Terrace Newbury, MA 01922

Est. payment /mo
SOLD DATE : 08/02/2024

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Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 4,055 sqft

Price per Sqft $221

MLS Listing ID 73250965

Bedrooms 5

Full Baths 4

Year Built 1968

Annual Tax Amount $5,594

Tax Year 2024

Lot Size 0.590 Acres

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

A rare opportunity to own a custom-updated 5 bed, 4 bath, 4,055 sqft 2-family ranch (the 2nd unit being a legal 1-bedroom in-law apartment), located on a 0.59 acre lot at the end of a quiet cul de sac street. The main home features 3 bedrooms, 3 full baths, an open-concept kitchen & dining area w/ sliders to the back deck, a sunlight living room w/ wood burning fireplace, hardwood floors & 2-car garage. The in-law apt offers approximately 1,645 sqft, 1 bedroom, 1 bath w/ laundry, an open kitchen/dining area, a large living room w/ wood-burning fireplace, & private entrance. Additional highlights include a bonus room adjacent to the in-law that can be used as a 2nd bedroom for the in-law, or a 4th bedroom/office for the main house, central AC, natural gas heat, new on-demand water heater, 2-year-old roof, & a lightly used septic system installed in 2015 (passing Title V certificate in hand). Ideal for multi-generational living or rental income, combining comfort, style, & practicality.

Location

State MA

County Essex

Zoning AR4

Interior

Heating Baseboard, Natural Gas

Cooling Central Air

Flooring Tile, Carpet, Hardwood

Fireplaces Number 2

Fireplaces Type Wood Burning

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Utilities Available for Gas Range, for Electric Range, for Electric Dryer

Roof Type Shingle

Building

Lot Description Cleared, Level

Story 2

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

Schools

Middle Schools Triton

High Schools Triton

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Listed by Compass
Bought with Alex Navarro • Coldwell Banker Realty - Beverly

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Molly Smith

Molly Smith

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+1(508) 980-9042

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