Property Description

Multi Family Home in Prime Newtonville Location, ready to rent condition. A rare investment opportunity with room to add value in short term or long term. Updated Electric and Plumbing. Property has gas heat, and town sewer. Ready for redevelopment or buy and hold cash flow. Strong Community, Top Ranked Schools, Commuter Rail, Access to major highways and easy access downtown Boston. Annual Gross Income- $75,500. Living Area – 2,952 SF situated on a 12,080 SF Lot. -Value add opportunity: Kitchens and bathroom upgrade to increase rental income. OR Create and submit permit for development, i.e. condominiums, potentially higher density multifamily with assemblage to neighboring property (also for sale in MLS) SR3 Zone. Area amenities include: Newton North High School and Boston College Law School which are both within 0.6 mile. Grocery options such as Whole Foods, Trader Joe’s and Star all are within 1.5 Mile from here. Restaurants like Aji, MIDA, Rice Valley, Cabot’s. etc.

Newtonville Ave
: Full , Partially Finished
: Off-street
: Paved Drive
Additional Info
12/09/2021 16:39:00


24 Newtonville Ave, Newton, Massachusetts, MA 02458

  • Bedrooms : 5
  • Full Bathrooms : 5
  • Square Footage: 2,952 Sqft
Basic Details
Office Name : Move Forward Real Estate
Ref ID : 72925439
Property Type : Multi-family
Listing Type : For Sale
Price : $1,500,000
Bedrooms : 5
Rooms : 8
Full Bathrooms : 5
Square Footage : 2,952 Sqft
Year Built : 1900
Lot Area : 0.28 Acre
Listing Status : Active
Agent info
RE/MAX Innovative Properties
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