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.
- Parking:
- Off Street
- Construction:
- Frame
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- THIS IS BEING SOLD AS ISBUYER TO ASSUME SOLAR CONTRACT.
- Garage Parking:
- 8
- Interior Features:
- Living Room, Laundry Room
- Lead Paint:
- Unknown
- Area:
- Newton Highlands
- Market Time:
- 4
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $211
- Zoning:
- MR2/VC2
- No Units:
- 4
- Orig Price:
- $2,675,000
- Fireplaces:
- 4
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Newton
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02461
- Longitude:
- W72° 47' 42.5''
- Latitude:
- N42° 19' 15.1''
Residential Income
1623 Centre Street, Newton, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,675,000
- Bedrooms :
- 16
- Rooms :
- 32
- Total Bathrooms :
- 14
- Full Bathrooms :
- 12
- Half Bathrooms :
- 4
- Square Footage :
- 12,700 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.17 Acre
- Listing ID :
- 73492832
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com