Off Market

371 Cherry St, Newton, MA

Newton · MA 02465

$1,599,000
Price
4
Beds
2.5
Baths
3113
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 2 Units
Lot size: 8,810 Sq.Ft Lot
Price per square foot: $514 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Rare WEST NEWTON opportunity for BUILDERS, INVESTORS, or OWNER-OCCUPIERS seeking FLEXIBILITY. Set on an 8,810 SF lot in MR1 zoning, this property offers MULTIPLE VALUE-ADD PATHS. Seller has ALREADY OBTAINED HISTORICAL DEMOLITION APPROVAL, engaged an ARCHITECT for NEW DESIGN PLANS, and PERMIT APPLICATION is IN PROCESS?saving months of pre-construction time. Ideal for a FULL REBUILD into TWO MULTI-MILLION-DOLLAR HOMES or a HIGH-END CONDO PROJECT. Existing structure offers two spacious units with bonus rooms, updated kitchens, and attic expansion potential if you prefer a RENOVATION approach. Or simply HOLD for rental income while finalizing redevelopment plans. STEPS to West Newton Square, commuter rail, express bus, and major highways. Whether you HOLD, RENOVATE, or REBUILD, this property delivers ENDLESS POSSIBILITIES in one of Newton?s MOST DESIRABLE neighborhoods. OH Sat 11-12.30 and Sun 10.30-12.

Neighborhood & Transit

371 Cherry St, Newton · MA 02465

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • West Newton Commuter Rail 1 route 0.27 mi
    • Framingham/Worcester Line

Price Insight

Days on Market:
466 days
Listing Price:
$1,599,000
Price per Sq.Ft:
$514
Tax Assessment:
$1,193,400 in 2025
Taxes:
$975 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,113 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
buyer to do own due diligence
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1715
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
8,810 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
David SY Li
Listing office
Phoenix Real Estate Partners, LLC
MLS PIN #
73409119
Disclosure
Vacant and easy to show. Lockbox on site and please text listing agent for the code. The lockbox locate at the back of the house. Buyer to do their own diligence. Unit 1 has laundry located in the basement & unit 2 has in unit laundry. Attic is not heated but semi finished.
Disclosure
buyer to do own due diligence