Sold
1623 Centre St, Newton, MA
Newton · MA 02461
- $2,442,000
- Price
- 16
- Beds
- 14
- Baths
- 12700
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
4 Units
Lot size:
7,477 Sq.Ft Lot
Price per square foot:
$211 / Sq.Ft
Parking:
8 Garage Spaces
About this home
Rare By-Right development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.
Neighborhood & Transit
Newton Highlands
1623 Centre St, Newton · MA 02461
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Newton Highlands Green 0.11 mi
Price Insight
- Days on Market:
- 222 days
- Listing Price:
- $2,675,000
- Price per Sq.Ft:
- $211
- Tax Assessment:
- $1,108,800 in 2025
- Taxes:
- $906 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 12
- Half Bathrooms
- 4
- Living Area
- 12,700 Sq.Ft
- Broker Disclosure about Living Area
- Appr Gross Area of proposed building. Buyer to perform due dilegence
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12700
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 7,477 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 8 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Clapboard
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ward Shifman
- Listing office
- Coldwell Banker Realty - Newton
- MLS PIN #
- 73492832
- Disclosure
- Renderings are for marketing purposes only; no representations are made. Buyers should perform their own due diligence. VC2 zoning encourages higher-density multifamily near MBTA train access. Inquire with agent regarding Solar Panel lease buyout. Existing building built in 1920.
- Disclosure
- Appr Gross Area of proposed building. Buyer to perform due dilegence