11-15 John St, Newton, MA 02459
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$2,148,000
2 Unit
3 Beds
5 Baths
5124 SQFT
0.21 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 3
  • Total Fireplaces: 1
  • Basement Features: Full, Partially Finished

Financial

  • APOD Available: Yes
  • Gross Operating Income: 192400
  • Gross Expenses: 38800
  • Net Operating Income: 138800

Utilities

  • Electric Info: 220 Volts, At Street
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1940
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73485191
  • Last Updated: 03/11/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/11/2026New$2,148,000$419MLSPIN
03/11/2026New$2,148,000MLSPIN

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Seller's Representative: John Saleh, Centre Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-11 11:13:00

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