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About this property
Rare "By-Right" 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. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.
Property details
| Units | 4 |
| Living area | 12,700 sqft |
| Lot size | 7,477 sqft |
| Year built | 1920 |
| Price / sqft | $192 |
| County | Middlesex |
| MLS # | 73492832 |
Location
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Listing courtesy of a MLS PIN member office. 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 1623 Centre Street, Newton MA 02461 have?
It is a 4-unit multi-family property with 12,700 sqft of living area, built in 1920.
What is the price per unit?
At a list price of $2,675,000 across 4 units, that works out to roughly $668,750 per unit.
What is the price per square foot?
At $2,675,000 for 12,700 sqft, that's about $192 per square foot.
Where is this property located?
1623 Centre Street, Newton MA 02461 is in Newton, Middlesex County, MA 02461.
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