Off Market
283 Melrose St, Newton, MA
Newton · MA 02466
- $14,995,000
- Price
- 0
- Beds
- 0
- Baths
- 100
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2020
Lot size:
1.01 Acres Lot
Price per square foot:
$149,950 / Sq.Ft
Parking:
No Parking
About this home
**Rare By-Right Opportunity** - Set in the heart of Auburndale Village, this site offers approximately 43,783 ? sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton?s village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. Renderings for marketing purposes only; no representations are made. Inquire with agent regarding Solar Panel lease buyout.
Neighborhood & Transit
Auburndale
283 Melrose St, Newton · MA 02466
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Auburndale Commuter Rail 1 route 0.12 mi
- Framingham/Worcester Line
Price Insight
- Days on Market:
- 303 days
- Listing Price:
- $14,995,000
- Price per Sq.Ft:
- $149,950
- Tax Assessment:
- Unknown
- Taxes:
- Unknown
Home Facts
Interior Features
- Bedrooms
- 0
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Living Area
- 100 Sq.Ft (Includes Basement)
- Broker Disclosure about Living Area
- Two vacant buildings
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 90
- 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
- 43,783 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- 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 #
- 73451393
- Disclosure
- Buyer to perform its own due diligence regarding zoning, subdivision feasibility, dimensional standards, permitting, & all municipal approvals. Active Chapter 11 case. Sale subject to Bankruptcy Court approval & procedures (including higher/better offers). Closing subject to court scheduling.
- Disclosure
- Two vacant buildings