371 Cherry St., Newton, MA 02465
Local realty services provided by:ERA Key Realty Services
371 Cherry St.,Newton, MA 02465
$1,599,000
- 4 Beds
- 3 Baths
- 3,113 sq. ft.
- Multi-family
- Active
Listed by: david sy li
Office: phoenix real estate partners, llc
MLS#:73437218
Source:MLSPIN
Price summary
- Price:$1,599,000
- Price per sq. ft.:$513.65
About this home
Rare WEST NEWTON opportunity for BUILDERS, INVESTORS, or OWNER-OCCUPIERS seeking FLEXIBILITY. Set on an 8,810 SF lot in MR1 zoning, this property offers MULTIPLE VALUE-ADD PATHS. Seller has ALREADY OBTAINED HISTORICAL DEMOLITION APPROVAL, engaged an ARCHITECT for NEW DESIGN PLANS, and PERMIT APPLICATION is IN PROCESS—saving months of pre-construction time. Ideal for a FULL REBUILD into TWO MULTI-MILLION-DOLLAR HOMES or a HIGH-END CONDO PROJECT. Existing structure offers two spacious units with bonus rooms, updated kitchens, and attic expansion potential if you prefer a RENOVATION approach. Or simply HOLD for rental income while finalizing redevelopment plans. STEPS to West Newton Square, commuter rail, express bus, and major highways. Whether you HOLD, RENOVATE, or REBUILD, this property delivers ENDLESS POSSIBILITIES in one of Newton’s MOST DESIRABLE neighborhoods.
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Home facts
- Year built:1880
- Listing ID #:73437218
- Updated:November 20, 2025 at 12:06 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:3,113 sq. ft.
Heating and cooling
- Cooling:2 Cooling Zones, Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Slate
- Year built:1880
- Building area:3,113 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$513.65
- Tax amount:$11,695 (2025)
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