Rare 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, particularly when combined with the adjacent property at 1208 Walnut Street (MLS #73471998). Together the two parcels create a rare assemblage opportunity in Newton.
4,214 Sq Ft
7,477 Sq Ft Dimensione del lotto
investimento
10.867 USD Imposta annuale
Costruito in 1920
MLS/ID annuncio 73484472
3 Storie
3 Unità
Community - Public School
Community - Highway Access
Parking - Off Street
Perimetro in calcestruzzo
Legno naturale
Community - Public Transportation
Community - Shopping
Soggiorno
Community - Walk/Jog Trails
Community - T-Station
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