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5 Oak Terrace

Newbury, MA 01922
$900,000
5 Beds
4 Baths
4,055 Living Area
  • 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.
  • Highlights
    • Cooling: Central Air
    • Parking Spots: 8
    • Property Type: 2 Family - 2 Units Up/Down
    • Year Built: 1968
    • Heating: Baseboard, Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 11
    • Status: Closed
  • Additional Details
    • Appliances: Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
    • Construction: Frame
    • Fireplaces: 2
    • Foundation: Concrete Perimeter
    • Lot Features: Cleared, Level
    • Roof: Shingle
    • Year Built Details: Approximate
    • Zoning: Ar4
    • Basement: Full, Finished, Walk-Out Access
    • Exterior Features: Rain Gutters
    • Flooring: Tile, Carpet, Hardwood
    • Interior Features: Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower
    • Road Frontage Type: Public
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Amenities
    • 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
    • Parking Features: Paved Drive, Off Street
    • Covered Parking Spaces: 2
  • Utilities
    • Sewer: Private Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $728,400
    • Compensation Based On: Net Sale Price
    • Taxes: $5,594
    • Buyer Agent Compensation: 2%
    • Tax Year: 2024
    • Total Rent: $1,600

Location

5 Oak Terrace, Newbury, MA 01922

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Coldwell Banker Realty - Beverly. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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