Off Market
283 Melrose St, Newton, MA
Newton · MA 02466
- $8,250,000
- Price
- 0
- Beds
- 0
- Baths
- 0
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2020
Lot size:
1.01 Acres Lot
Parking:
No Parking
About this home
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 4 stories with tight setbacks. This is a unique opportunity, don't miss out! **Rare By-Right Opportunity** This is a Broker marketed sale by Trustee and authorized by bankruptcy court. Sale by order and Trustee deed but otherwise as is, where is. Will sell with clear title, marketable insurance and free of liens and encumbrances.
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:
- 194 days
- Listing Price:
- $8,250,000
- Price per Sq.Ft:
- NA
- Tax Assessment:
- $2,669,900 in 2025
- Taxes:
- Unknown
Home Facts
Interior Features
- Bedrooms
- 0
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Living Area
- 0 Sq.Ft
- Broker Disclosure about Living Area
- Gross area of new buildings needs to be determined by architect. Sub-divide 3 lots under 15K sf.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 0
- 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 #
- 73506946
- Disclosure
- Buyer to perform its own due diligence regarding zoning, subdivision feasibility, dimensional standards, permitting, & all municipal approvals. Active Bankruptcy Case. Sale subject to Bankruptcy Court approval & procedures (including higher/better offers). Closing subject to court scheduling.
- Disclosure
- Gross area of new buildings needs to be determined by architect. Sub-divide 3 lots under 15K sf.