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Properties

  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
  • 283 Melrose Street, Newton, Massachusetts, ,Residential Income,For Sale,Melrose Street,73506946
Property Description

Set in the heart of Auburndale Village, this site offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers – making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 4 stories with tight setbacks. This is a unique opportunity, don’t miss out! **Rare By-Right Opportunity** This is a Broker marketed sale by Trustee and authorized by bankruptcy court. Sale by order and Trustee deed but otherwise as is, where is. Will sell with clear title, marketable insurance and free of liens and encumbrances.

Features
Sewer:
Public Sewer
Water:
Public
Disclosure:
104 & 106 Newhall Street, and 9 Chancery Lane, Tenant income minimum 2X rent. Credit score minimum 600. Tenant may not have any prior evictions or criminal background. Potential tenants to apply through Zillow.Tenant to do their own due diligence. No guarantees or warranties made, verbal or implied., Electric Heat in one of the bedrooms (in addition to forced hot air). Sale is subject to suitable housing.
Garage Parking
Lead Paint:
Unknown
Additional Information
Area:
Auburndale
Grade School:
Williams
High School:
South
Middle School:
Brown
Market Time:
25
Tax Year:
2025
Status:
Active
Zoning:
VC2 or MR1
Orig Price:
$8,999,000
LEASE:
No
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Newton
State:
MA
County:
Middlesex
Postal Code:
02466
Longitude:
W72° 45' 2.8''
Latitude:
N42° 20' 48.7''
  • Google Map

Residential Income

283 Melrose Street, Newton, Massachusetts

1.01 Acre
$8,999,000
Listing ID #73506946
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$8,999,000
Full Bathrooms :
0
Year Built :
2020
Lot Area :
1.01 Acre
Listing ID :
73506946
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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