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371 Cherry St., Newton, MA

Newton Multi-Family    (login for more details)

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Unit Information

Rare WEST NEWTON opportunity for BUILDERS, INVESTORS, or OWNER-OCCUPIERS seeking FLEXIBILITY. Set on an 8,810 SF lot in MR1 zoning, this property offers MULTIPLE VALUE-ADD PATHS. Seller has ALREADY OBTAINED HISTORICAL DEMOLITION APPROVAL, engaged an ARCHITECT for NEW DESIGN PLANS, and PERMIT APPLICATION is IN PROCESS—saving months of pre-construction time. Ideal for a FULL REBUILD into TWO MULTI-MILLION-DOLLAR HOMES or a HIGH-END CONDO PROJECT. Existing structure offers two spacious units with bonus rooms, updated kitchens, and attic expansion potential if you prefer a RENOVATION approach. Or simply HOLD for rental income while finalizing redevelopment plans. STEPS to West Newton Square, commuter rail, express bus, and major highways. Whether you HOLD, RENOVATE, or REBUILD, this property delivers ENDLESS POSSIBILITIES in one of Newton’s MOST DESIRABLE neighborhoods. OH Sat 11-12.30 and Sun 10.30-12.

Additional Details
Status: NEW
Type: Multi-Family, 2 Family - 2 Units Up/Down
Zip Code: 02465
Levels: 2
Parking
Parking: Paved Drive, Off Street, Paved
Parking Spaces: 8
Rooms and Dimensions
Total Units: 2
Total Floors: 2
Total Rooms: 10
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$1,599,000

  • Status: New
  • Listing ID: 73409119
  • Bedrooms: 4
  • Full Baths: 2
  • Half Baths: 1
  • Living Area: 3,113 sqft Convert
  • Lot Size: 8,810 sqft Convert
  • Acres: 0.2

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Luxury Residential Group

(617) 233-5800

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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of David SY Li of Phoenix Real Estate Partners, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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