1623 Centre Street, Newton, MA 02461
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$2,675,000
4 Unit
16 Beds
16 Baths
12700 SQFT
0.17 Acre

Property Description

Rare "By-Right" development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 13
  • Total Bedrooms: 16
  • Total Full Baths: 12
  • Total Half Baths: 4
  • Total Fireplaces: 4
  • Amenities: Bike Path, Conservation Area, Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, Walk/Jog Trails
  • Common Rooms: Living Room

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 4

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 4

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Floors: 1
  • Levels: 4

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks), Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73492832
  • Last Updated: 03/28/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/27/2026New$2,675,000$211MLSPIN
03/27/2026New$2,675,000MLSPIN
03/27/2026Canceled$2,800,000MLSPIN
03/27/2026Canceled$2,800,000$664MLSPIN
03/14/2026Active$2,800,000MLSPIN
03/14/2026Active$2,800,000$664MLSPIN
03/10/2026New$2,800,000$664MLSPIN
03/10/2026New$2,800,000MLSPIN
03/09/2026Canceled$2,800,000$664MLSPIN
02/04/2026Active$2,800,000$664MLSPIN
01/31/2026New$2,800,000$664MLSPIN
01/31/2026Expired$2,800,000$664MLSPIN
01/26/2026Active$2,800,000$664MLSPIN
01/22/2026Extended$2,800,000$664MLSPIN
01/19/2026Active$2,800,000$664MLSPIN
01/15/2026Extended$2,800,000$664MLSPIN
01/03/2026Active$2,800,000$664MLSPIN
12/30/2025Extended$2,800,000$664MLSPIN
11/03/2025Active$2,800,000$664MLSPIN
10/30/2025Price Change$2,800,000$664MLSPIN
09/29/2025Active$2,995,000$711MLSPIN
09/25/2025New$2,995,000$711MLSPIN

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Seller's Representative: Ward Shifman, Coldwell Banker Realty - Newton
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 2026-03-28 14:16:00