MA
Middlesex
Newton
02465
371 Cherry St
371 Cherry St, Newton, MA 02465
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Listing Type
Multi Family
Listing Status
Active
40
$1,599,000

Home Details for 371 Cherry St

Price
$1,599,000
Type
Residential Income
Bedrooms
4
Bathrooms
3.0
Square feet
3113
Year built
1880
Lot size acres
0.2
County
Middlesex
Total rooms
10
Garage
Days on site
75
MLS Listing#
73437218
Property Description

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.

Property Features
  • House Interior
    • Ceiling Fan(s)
    • Storage
    • Pantry
    • Open Floorplan
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Paved
    • Off Street
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: Phoenix Real Estate Partners, LLC - 617-335-2372
Presented by: David SY Li
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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