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INVESTMENT SNAPSHOT
About this property
No expense spared in this beautifully gut-renovated two-unit home boasting 8 bedrooms, 6.5 bathrooms, with a highly desirable Newton neighborhood location! Each unit has been thoughtfully designed with open layouts, plenty of natural light, stunning hardwood floors and exquisite finish work that perfectly complements the modern design. The chef's kitchens both feature Wolf & Subzero appliances, quartz counters, huge islands, ample high end cabinet space, and a perfect layout for entertaining. Four bedrooms and 3.5 baths in each unit with separate utilities, in-unit laundry, lavish primary suites with soaking tubs, outdoor space and garage parking. Set on a tree lined street with easy access to major highways, public transportation, restaurants and shops, this home is a perfect opportunity for both owner occupants and investors.
Property details
| Units | 2 |
| Living area | 4,117 sqft |
| Lot size | 6,463 sqft |
| Year built | 2025 |
| Price / sqft | $677 |
| County | Middlesex |
| MLS # | 73488320 |
Listing status
| Days on market | 62 days |
| Listed on | March 18, 2026 |
Taxes & financials
| Annual property tax | $14,583 |
| Tax year | 2025 |
| Assessed value | $999,999 |
| Zoning | MR1 |
| Gross income (actual) | $180,000/yr |
| Net operating income (actual) | $180,000/yr |
| Total actual rent | $15,000/mo |
Building & lot
| Stories | 4 |
| Total rooms | 19 |
| Lot size | 0.15 acres |
| Garage spaces | 2 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street, Driveway |
| Basement | Full |
| Foundation | Concrete Perimeter, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Heating | Forced Air |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood |
Location
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Listing courtesy of Capital Realty Group — Michael Lord. 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 123 Mt Vernon Street, Newton MA 02465 have?
It is a 2-unit multi-family property with 4,117 sqft of living area, built in 2025.
How long has 123 Mt Vernon Street, Newton MA 02465 been on the market?
123 Mt Vernon Street, Newton MA 02465 has been listed for 62 days (since March 18, 2026).
What is the estimated cap rate on this 2-family in Newton?
Based on area median rents, the estimated cap rate is about 1.8%, with a Signal Score of 43/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,789,000 across 2 units, that works out to roughly $1,394,500 per unit.
What are the property taxes on 123 Mt Vernon Street, Newton MA 02465?
Annual property taxes are $14,583 (2025), on an assessed value of $999,999.
What is the price per square foot?
At $2,789,000 for 4,117 sqft, that's about $677 per square foot.
Is there parking?
2 garage spaces and 8 total parking spaces (paved drive, off street, driveway).
Where is this property located?
123 Mt Vernon Street, Newton MA 02465 is in Newton, Middlesex County, MA 02465.
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