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1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
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1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
1623 Centre Street
For Sale

1623 Centre Street

1623 Centre Street, Newton, MA 02461

$2,675,000
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.

16
beds

16
baths

12,700 Sq.Ft. LIVING AREA

7,477 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms16
  • full bathrooms12
  • half bathrooms4
  • Flooring Wood
  • other interior Features Living Room, Laundry Room

Area & Lot

  • Status For Sale
  • Living Area12,700 Sq.Ft.
  • Total Area12,700 Sq.Ft.
  • Lot Area7,477 Sq.Ft.
  • MLS® ID73492832
  • TypeMulti-Family
  • YEAR BUILT1920
  • NeighborhoodNewton
  • Water FrontageLake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)

Exterior

  • STORIES13
  • Garage Space8.0
  • water SourcePublic
  • roofShingle
  • lot featuresOther
  • parkingOff Street
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter, Other

Financial

  • Sales Price$2,675,000
  • Real Estate Tax $10,867/yr
  • Zoning MR2/VC2
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Thank you for your interest in 1623 Centre Street, Newton, MA 02461. We are reviewing your request and will be in touch shortly!

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