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INVESTMENT SNAPSHOT
About this property
Rare value-add opportunity in Newton with full architectural plans and permit set in place for redevelopment. Existing two-family situated on a 11,500+ SF lot in MR1 zoning, with plans designed to expand total living area from approx. 4,600 SF to over 7,300 SF . Proposed layout includes three units with optimized floor plans and increased density potential. Ideal for investors, builders, or developers seeking a head start on design and planning. Property is being Sold "AS IS" with plans and permits. Supporting documents included. Buyer to perform due diligence regarding permitting status and approvals.
Property details
| Units | 2 |
| Living area | 2,208 sqft |
| Lot size | 11,506 sqft |
| Year built | 1845 |
| Price / sqft | $645 |
| County | Middlesex |
| MLS # | 73514114 |
Listing status
| Days on market | 4 days |
| Listed on | May 6, 2026 |
Taxes & financials
| Annual property tax | $9,919 |
| Tax year | 2026 |
| Assessed value | $1,023,600 |
| Zoning | MR1 |
| Gross income (actual) | $30,000/yr |
| Net operating income (actual) | $30,000/yr |
| Total actual rent | $2,500/mo |
Building & lot
| Stories | 4 |
| Total rooms | 12 |
| Lot size | 0.26 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street |
| Basement | Full |
| Foundation | Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Newton →
Listing courtesy of Centre Realty Group — Schyler Oliveira. 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 16-20 Winter Street, Newton MA 02464 have?
It is a 2-unit multi-family property with 2,208 sqft of living area, built in 1845.
How long has 16-20 Winter Street, Newton MA 02464 been on the market?
16-20 Winter Street, Newton MA 02464 has been listed for 4 days (since May 6, 2026).
What is the estimated cap rate on this 2-family in Newton?
Based on area median rents, the estimated cap rate is about 3.5%, with a Signal Score of 66/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,425,000 across 2 units, that works out to roughly $712,500 per unit.
What are the property taxes on 16-20 Winter Street, Newton MA 02464?
Annual property taxes are $9,919 (2026), on an assessed value of $1,023,600.
What is the price per square foot?
At $1,425,000 for 2,208 sqft, that's about $645 per square foot.
Is there parking?
6 total parking spaces (off street).
Where is this property located?
16-20 Winter Street, Newton MA 02464 is in Newton, Middlesex County, MA 02464.
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