HomeNewtonMulti Family59 River St, Newton MA 02465
59 River St, Newton MA 02465 — photo 1 of 321 / 32
$1,299,000
59 River St, Newton MA 02465
2 units · 4 bd · 2 ba · 2,637 sqft · $649,500/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02465) yet.

About this property

Price reduced!!! Motivated seller. Send your Contractors & investors! . Conveniently located less than half a mile from West Newton Center, the Commuter Rail to Boston, and easy access to I-90. The first-floor unit features a living room, dining room, two bedrooms, an eat-in kitchen, and one bathroom, with high ceilings and hardwood floors throughout. The second-floor unit offers two bedrooms, a living room, an eat-in kitchen, one bathroom, and an oversized hallway leading to an unfinished attic with four separate rooms. All levels feature high ceilings and oversized windows, creating a bright and spacious feel. The potential to expand into the third floor adds significant value and opportunity. Gas heating and hot water systems have been updated. Outside, the property includes a detached two-car garage. Lots of potential for new construction as well. Easy to show. Make an offer that can't be refused.

Property details

Units2
Living area2,637 sqft
Lot size8,470 sqft
Year built1880
Price / sqft$493
CountyMiddlesex
MLS #73540310

Listing status

Days on market37 days
Listed onJune 23, 2026

Taxes & financials

Annual property tax$11,185
Tax year2026
Assessed value$1,154,300
ZoningSR3
Gross income (actual)$49,800/yr
Net operating income (actual)$49,800/yr
Total actual rent$4,150/mo

Building & lot

Stories3
Total rooms9
Lot size0.19 acres
Garage spaces2
Parking spaces4
ParkingPaved Drive, Off Street, Paved
BasementFull
FoundationConcrete Perimeter
FlooringWood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range

Location

More about investing in Newton

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 59 River St, Newton MA 02465 have?

It is a 2-unit multi-family property with 2,637 sqft of living area, built in 1880.

How long has 59 River St, Newton MA 02465 been on the market?

59 River St, Newton MA 02465 has been listed for 37 days (since June 23, 2026).

What is the price per unit?

At a list price of $1,299,000 across 2 units, that works out to roughly $649,500 per unit.

What are the property taxes on 59 River St, Newton MA 02465?

Annual property taxes are $11,185 (2026), on an assessed value of $1,154,300.

What is the price per square foot?

At $1,299,000 for 2,637 sqft, that's about $493 per square foot.

Is there parking?

2 garage spaces and 4 total parking spaces (paved drive, off street, paved).

Where is this property located?

59 River St, Newton MA 02465 is in Newton, Middlesex County, MA 02465.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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