Active
119 Days on market
16-20 Winter Street Newton — Photo 1 of 7
$1,425,000
16-20 Winter Street, Newton, MA 02464
Newton, MA 02464
Beds
6
Baths
2.5
SqFt
2,208
Style
2 Family - 2 Units Side by Side
Built
1845
Rare value-add opportunity in Newton with full architectural plans and permit set in place for redevelopment. Existing two-family situated on a 11,500+ SF lot in MR1 zoning, with plans designed to expand total living area from approx. 4,600 SF to over 7,300 SF . Proposed layout includes three units with optimized floor plans and increased density potential. Ideal for investors, builders, or developers seeking a head start on design and planning. Property is being Sold "AS IS" with plans and permits. Supporting documents included. Buyer to perform due diligence regarding permitting status and approvals.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$645/sqft
Local Avg (Newton)$577/sqft
12% AboveMarket Average
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Newton, MA.
Property Details
Financials
Original Price$1,425,000
Annual Taxes$9,919
Parking
Garage0
Off-Street6
Interior Specifications
Total Rooms12
FireplacesNone
Flooring--
BasementFull
Climate & Utilities
Heating--
Cooling--
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
Roof--
FoundationOther
ZoningMR1
Property & Lot
Acres0.26
SqFt Lot11,506
Lot FeaturesOther
Geography
Population
3,833
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$106K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
39.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Schyler Oliveira
Listing Office: Centre Realty Group
MLS® Number: 73514114
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