$2,675,000

1623 Centre Street, Newton, MA 02461

  • 16 beds |
  • 16 baths |
  • 12,700 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon 8 car garage
  • Property Price Per Square Feet Icon $211/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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.

Listing Status:
Active
Date Added:
March 27, 2026
Data Last Updated:
April 5, 2026 at 7:08PM
Listing Office:
Coldwell Banker Realty - Newton : 617-969-2447
Listing Agent:
Ward Shifman : 617-633-7703
MLS ID:
73492832
  • General: Living RoomLaundry Room
  • Flooring: Wood
  • Fireplace: FireplaceFireplaces: 4
  • Parking: Off StreetParking spaces: 8
  • Roofing: Shingle
  • General: Frame13Concrete PerimeterOther
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Middlesex
  • Zoning: MR2/VC2695029
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network
  • Exclusions: Personal Belongings

This listing courtesy of Ward Shifman , Coldwell Banker Realty - Newton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Countryside Elementary School

191 Dedham St, Newton Highlands, MA, 02461

Grades KG-5

0.55 miles away

O

Oak Hill Middle School

130 Wheeler Rd, Newton Center, MA, 02459

Grades 6-8

1.01 miles away

N

Newton South High School

140 Brandeis Rd, Newton Center, MA, 02459

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.