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Listed price in listed location currency (USD).
$2,675,000

16168

MLS® 73492832

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12700 sqft
Garage Yes
Taxes $10,867
Days Active 1
Lot Size 0.17 acres
Approx. Age 1920
Avg. Price Per Sqft $210
MLS® Number 73492832

Property Address: 1623 Centre St, Newton, MA, 02461-1256

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number73492832
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1920
Basement
DrivewayOff Street
Garage Spaces8
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$2,675,000List Price
  • Commute

Commute

Starting Address
Destination Address
1623 Centre St, Newton, MA

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