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.
- 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
- 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
- City:
- Newton
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02466
- Longitude:
- W72° 45' 2.8''
- Latitude:
- N42° 20' 48.7''
Residential Income
283 Melrose Street, Newton, Massachusetts
- 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
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com