1623 Centre Street, Newton, MA 02461

Newton
Local realty services provided by:ERA The Castelo Group
1623 Centre Street,Newton, MA 02461
$2,675,000
  • 16 Beds
  • 16 Baths
  • 12,700 sq. ft.
  • Multi-family
  • Active
Listed by: ward shifman
Office: coldwell banker realty - newton
MLS#:73492832
Source:MLSPIN

Price summary

  • Price:$2,675,000
  • Price per sq. ft.:$210.63

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:73492832
  • Updated:March 28, 2026 at 09:01 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Full bathrooms:12
  • Half bathrooms:4
  • Rooms Total:32
  • Flooring:Wood
  • Living area:12,700 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Building area:12,700 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Frame
  • Exterior Features:Patio
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,675,000
  • Price per sq. ft.:$210.63
  • Tax amount:$10,867 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:8
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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