1623 Centre Street, Newton, MA 02461
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1623 Centre Street, Newton, MA 02461
1623 Centre Street, Newton, MA 02461
1623 Centre Street, Newton, MA 02461
1623 Centre Street, Newton, MA 02461
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Rachel Grande

Rachel Grande

+1(860) 657-6125
$ 2,675,000
Est. payment /mo
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Pending

1623 Centre Street Newton, MA 02461

16 Beds

14 Baths

12,700 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 12,700 sqft

Price per Sqft $210

MLS Listing ID 73492832

Bedrooms 16

Full Baths 12

Half Baths 4

Year Built 1920

Annual Tax Amount $10,867

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 3 Family

Property Description

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.

Location

State MA

County Middlesex

Area Newton Highlands

Zoning MR2/VC2

Direction Prime desirable location near the corner of Centre & Walnut, steps to the MBTA Green Line & shops

Interior

Interior Features Living Room, Laundry Room

Flooring Wood

Fireplaces Number 4

Exterior

Garage Spaces 8.0

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station

Waterfront Description Lake/Pond,1/10 to 3/10 To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 16

Garage Yes

Building

Lot Description Other

Story 13

Foundation Concrete Perimeter, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Coldwell Banker Realty - Newton
Rachel Grande

Rachel Grande

Advisor | License ID: 9589823

+1(860) 657-6125

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1623 Centre Street