5 Olive Street

Newburyport, MA 01950

$553,500
Last Sold Price
4
Beds
2
Baths
2,524 Sq. Ft.
$219 / Sq. Ft.
2,524
Sq. Ft.
$219
per Sq. Ft.

Description

Rare North End 2-family just a quick walk to the fabulous downtown, shops and waterfront of desirable Newburyport. 2nd floor unit was completely renovated in 2012 and features high cathedral ceilings in kitchen and bedroom. Nice hardwood floor and large living room with wood burning fire place make for a comfortable living space. Updated electrical and laundry in unit. 1st floor has large kitchen and living room with gorgeous wide pine floor and fireplace. New windows throughout and fresh exterior...Rare North End 2-family just a quick walk to the fabulous downtown, shops and waterfront of desirable Newburyport. 2nd floor unit was completely renovated in 2012 and features high cathedral ceilings in kitchen and bedroom. Nice hardwood floor and large living room with wood burning fire place make for a comfortable living space. Updated electrical and laundry in unit. 1st floor has large kitchen and living room with gorgeous wide pine floor and fireplace. New windows throughout and fresh exterior paint. Off street tandem parking for 2 cars as well as small yard space perfect for outdoor grilling and enjoyment. Perfect opportunity to have rental unit pay for part of mortgage. Make an appointment today. Showings to begin at open house 5/23/15 from 1:30-3:00
  1. Listed by The Forzese Group • RE/MAX On The River, Inc.

Property Details for 5 Olive Street

Town
Newburyport
Area
MA-Newburyport
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of RE/MAX On The River, Inc., The Forzese Group

Sold By RE/MAX On The River, Inc., The Forzese Group

Add your commute
LISTING UPDATED: 08/06/2022 06:12 AM

Property Details for 5 Olive Street

StatusSold
MLS #71839704
Days on Market98
Taxes$5,333 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1850
CountyEssex County

Location

Listing Courtesy of RE/MAX On The River, Inc., The Forzese Group

Sold By RE/MAX On The River, Inc., The Forzese Group

Add your commute

Building Information for 5 Olive Street

Stories3Residences2Year Built1850Building Size-Lot Size0.06 AC / 2,690 SF

Payment Calculator

$3,465 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,021

Property Taxes

$444

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Olive Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2524.0
  • Color: Gray
  • Total Units: 2
  • Property Condition: Unit 2 Remodeled
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Microwave, Gas Water Heater, Tankless Water Heater, Utility Connections for Gas Range
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • DoorFeatures: Insulated Doors
  • FireplaceFeatures: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Features: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans, Cathedral/Vaulted Ceilings), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room
  • Laundry Features: Unit 2 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Fencing: Fenced/Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(None), Unit 2(None)
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 1 heating unit used for both units.
Tax Information
  • Tax ID: 2087686
  • Assessments: $399,800
  • Book: 25417
  • Tax Year: 2015
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block, Stone
  • Foundation Area: 920.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 2
Income / Expenses
  • GOI: $16,800.00
  • NOI: $16,800.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,400.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 5 Olive Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Olive Street

Taxable ValueLand$309,300Additions$539,200Total$848,500
Tax Record2024$8,460 ($705 / month)
Home Facts
Baths3.5Total Finished SqFt2,738 SqFtAbove Grade Finished SqFt2,738 SqFtStories2Lot Size2,769 SqFtStyleDuplexYear Built1850CountyESSEXAPNNEWP M:0050 B:0045 L:0000

Schools near 5 Olive Street

This home is within Newburyport School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Francis T Bresnahan Elementary School
PublicPK to 3

Edward G. Molin Elementary School
Public4 to 5

Rupert A Nock Middle School
Public6 to 8

Newburyport High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX On The River, Inc., The Forzese Group

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.