Luxury Real Estate Group Boston > Newton > 1623-1625 Centre Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

1623-1625 Centre Street

Newton, MA

Property Description

Rare 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, particularly when combined with the adjacent property at 1208 Walnut Street (MLS #73471998). Together the two parcels create a rare assemblage opportunity in Newton.

offered at

$2,800,000

  • Status: New
  • Listing ID: 73484472
  • Bedrooms: 7
  • Full Baths: 4
  • Living Area: 4,214 sqft Convert
  • Lot Size: 7,477 sqft Convert
  • Acres: 0.17

Additional Details

Type: Multi-Family, 3 Family

Area: Newton Highlands

Zip Code: 02461

Levels: 3

Parking

Garage: 2

Garage Capacity: 4

Parking: Off Street

Parking Spaces: 4

Rooms and Dimensions

Total Units: 3

Total Floors: 3

Total Rooms: 15

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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