Three-Unit Residential Income
1623 Centre Street Newton, MA 02461
1623 Centre Street, Newton, MA, 02461
$2,675,000
For Sale
$2,675,000
By-right VC2-zoned three-family home with redevelopment potential in Newton Highlands Village.
Property Size12,700 SF
Lot Size0.17 Acres
Price / SF$210.63
Days on Market134
Property Features for 1623 Centre Street
General Information
- Standard status
- Active
- Size
- 12,700 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
Coldwell Banker Realty - Newton
Listed by
Ward Shifman
(617) 846-8000
Source
Highlandre
Added: Mar 10 Updated: Jul 21 at 4:33AM Checked: Jul 21 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Newton
Investment Insights
Based on property information with market context.
This for-sale three-family residential income property includes a three-unit home on a land parcel in Newton’s VC2 Village Center zoning district. The existing structure provides a spacious first-floor unit with four bedrooms and two bathrooms, along with two additional units above. The listing materials also describe the highest-and-best use as redevelopment, with a by-right multifamily pathway that does not require a special permit.
The property is positioned in the Newton Highlands Village area, described as being just steps to local shops, restaurants, and the MBTA Green Line.
Under VC2 Village Center zoning, the district is described as encouraging higher-density village housing with reduced setbacks, increased lot coverage, and building heights up to approximately 3.5 stories. The rendering referenced in the remarks shows four townhomes, and the materials also note that a small elevator building is another possible and allowed scenario.
The property is positioned in the Newton Highlands Village area, described as being just steps to local shops, restaurants, and the MBTA Green Line.
Under VC2 Village Center zoning, the district is described as encouraging higher-density village housing with reduced setbacks, increased lot coverage, and building heights up to approximately 3.5 stories. The rendering referenced in the remarks shows four townhomes, and the materials also note that a small elevator building is another possible and allowed scenario.
Key Highlights
- By‑right VC2 Village Center zoning district in Newton Highlands Village allows multifamily housing without a special permit
- Over 7,400 sq ft lot with the property in Newton’s newly adopted VC2 Village Center zoning district
- Zoning supports higher‑density village housing with reduced setbacks, increased lot coverage, and building heights up to approx. 3.5 stories
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - By-right VC2-zoned three-family home with redevelopment potential in Newton Highlands Village.
Where is this triplex located?
The property is located at 1623 Centre Street Newton, MA.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: By‑right VC2 Village Center zoning district in Newton Highlands Village allows multifamily housing without a special permit; Over 7,400 sq ft lot with the property in Newton’s newly adopted VC2 Village Center zoning district; Zoning supports higher‑density village housing with reduced setbacks, increased lot coverage, and building heights up to approx. 3.5 stories
