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INVESTMENT SNAPSHOT
About this property
MIXES USE: Extremely rare opportunity in prime Chestnut Hill. Located on John Street just off Route 9, this property sits steps from The Street at Chestnut Hill and directly across from the Atrium office development. The property consists of two connected buildings totaling 5,000+ sq ft, not including the walkout lower level on the commercial side and the basement on the residential side. The zoning line uniquely divides the parcel, with approximately half in MR1 (multi-residential) and the other in BU1 (business), offering significant flexibility for redevelopment or mixed-use potential. There is no demolition delay with the city, allowing developers to move forward with plans immediately. The site also features approximately 18 off-street parking spaces with potential for more, an exceptional amenity in this highly desirable location. Conveniently located within walking distance to Chestnut Hill Square, home to Wegmans, as well as The Mall at Chestnut Hill.
Property details
| Units | 2 |
| Living area | 6,047 sqft |
| Lot size | 9,015 sqft |
| Year built | 1940 |
| Price / sqft | $339 |
| County | Middlesex |
| MLS # | 73485191 |
Listing status
| Days on market | 52 days |
| Listed on | March 11, 2026 |
Taxes & financials
| Annual property tax | $25,000 |
| Tax year | 2026 |
| Assessed value | $1,769,300 |
| Zoning | MR1-BU1 |
| Gross income (actual) | $192,400/yr |
| Net operating income (actual) | $138,800/yr |
| Total actual rent | $14,500/mo |
Building & lot
| Stories | 4 |
| Total rooms | 20 |
| Lot size | 0.21 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Partially Finished |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame, Brick |
| Flooring | Carpet, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
Location
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Listing courtesy of Centre Realty Group — John Saleh. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 11-15 John St, Newton MA 02459 have?
It is a 2-unit multi-family property with 6,047 sqft of living area, built in 1940.
How long has 11-15 John St, Newton MA 02459 been on the market?
11-15 John St, Newton MA 02459 has been listed for 52 days (since March 11, 2026).
What is the estimated cap rate on this 2-family in Newton?
Based on area median rents, the estimated cap rate is about 2.4%, with a Signal Score of 52/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,048,000 across 2 units, that works out to roughly $1,024,000 per unit.
What are the property taxes on 11-15 John St, Newton MA 02459?
Annual property taxes are $25,000 (2026), on an assessed value of $1,769,300.
What is the price per square foot?
At $2,048,000 for 6,047 sqft, that's about $339 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
11-15 John St, Newton MA 02459 is in Newton, Middlesex County, MA 02459.
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