11-15 John St, Newton, MA, 02459

CAD 2,148,000
For Sale MLS: 73485191

Property Details

Bedrooms

3

Bathrooms

2.5

Property Type

multi family

Description

Multi Family in Newton, MA - Bedrooms: 3 - Bathrooms: 2.5 - Area: 6047 sqft - Year Built: 1940 - Lot: 9015 sqft

Listing Agent: John Saleh Brokerage: Centre Realty Group

MIXES USE: Extremely rare opportunity in prime Chestnut Hill. Located on John Street just off Route 9, this property sits steps from The Street at Chestnut Hill and directly across from the Atrium office development. The property consists of two connected buildings totaling 5,000+ sq ft, not including the walkout lower level on the commercial side and the basement on the residential side. The zoning line uniquely divides the parcel, with approximately half in MR1 (multi-residential) and the other in BU1 (business), offering significant flexibility for redevelopment or mixed-use potential. There is no demolition delay with the city, allowing developers to move forward with plans immediately. The site also features approximately 18 off-street parking spaces with potential for more, an exceptional amenity in this highly desirable location. Conveniently located within walking distance to Chestnut Hill Square, home to Wegmans, as well as The Mall at Chestnut Hill.

Location

Address

11-15 John St, Newton, MA, 02459

City

Newton

Features and Finishes

Bedrooms: 3, Total Rooms: 20, Basement Features: Full, Partially Finished, Total Bathrooms: 3.5, Full Bathrooms: 2, 1/2 Bathrooms: 3, Number of Fireplaces: 1, Flooring: Carpet, Hardwood, Lot Size Acres: 0.2069559, Lot Size Square Feet: 9015, Road Frontage Type: Public, Open Parking: Yes, Parking Features: Paved Drive, Off Street, Parking Total: 4, Gross Income: 192400, Number of Units: 2, Annual Tax Amount: 25000, City Region: Newton Center, Source Listing Status: Active, County: Middlesex, Directions: A+Location - Just off Route 9 West (across fr Atrium) -turn right just before Langley Rd at Sunoco, Tax Year: 2026, Source Property Type: Residential Income, Home Warranty: No, Area: Newton Center, Source Neighborhood: Newton Center, Zoning: MR1-BU1, Property Subtype: 2 Family - 2 Units Side by Side, Net Operating Income: 138800, Operating Expense: 38800, Total Square Feet Living: 6047, Year Built: 1940, Above Grade Finished Area: 5156, BelowGradeFinishedArea: 891, Building Area Total: 6

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