Unit Information
First time available in 47 years, this stately Victorian multifamily gem is ready to be re-imagined as a part of the new MRT BY-RIGHT ZONING OVERLAY! This property is in a prime location with numerous development opportunities right in the Newton Highlands Village Center MRT Overlay District! Renovate the existing home and carriage house for multi-generational living and income potential. Or exercise the MRT Adaptive Reuse option, allowing up to 6 units to be developed with an addition of up to 50% of the building footprint of the original house, all by-right. Another option would be to create a 2nd historic-looking building w/ a 1,500 SF footprint, 40' height limit, with 3 or more units by either incorporating the existing Carriage House or potentially as a new building. Adaptive Use properties are exempt from VCOD open space requirements to maximize potential. Ideally located 1/10th of a mile to the Newton Highlands Village Center and just 2/10ths of a mile to the MBTA Green Line.
- Additional Details
- Status: ACT
- Type: Multi-Family, Multi Family
- Area: Newton Highlands
- Zip Code: 02461
- Living Levels: 3
- Selling Broker Compensation: 1
- Buying Broker Compensation: 2.5
- Parking
- Parking: Paved Drive, Off Street, Paved
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 13
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$2,500,000
- Listing ID: 73214408
- Bedrooms: 6
- Full Baths: 3
- Living Area: 3,225 sqft Convert
- Lot Size: 11,371 sqft Convert
- Acres: 0.26
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Luxury Residential Group
(617) 233-5800
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