987-989 Boylston Street, Newton, MA 02461
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$1,548,000
2 Unit
7 Beds
3 Baths
2726 SQFT
0.10 Acre

Property Description

Price Reduced by $80,000! Rare opportunity to own a spacious two-family home in the highly desirable Newton Highlands/Chestnut Hill area, offering an exceptional combination of location, convenience, and investment potential. Ideally situated directly across from the prestigious Longwood Cricket Club, this property is just a 10-minute walk to Eliot Station on the MBTA Green Line, providing easy access to Boston and surrounding communities. Enjoy the best of Newton living with close proximity to Newton Centre, Brookline, Boston College, Chestnut Hill Mall, fine dining, shopping, parks, and everyday amenities, all within reach. Located in the renowned Newton public school system, this property is perfect for investors, owner occupants, 1031 exchange buyers, or multi-generational living. Both units offer two levels of living space with excellent flexibility. Unit #987 is occupied by a long-term tenant, providing immediate rental income, while Unit #989 features a spacious townhouse-style layout with 5 bedrooms, 2 full bathrooms, charming front porches, and can be delivered vacant for owner occupancy or market-rate rental opportunities. Recent improvements include new front-facing windows for the second-floor unit and two new hot water heaters installed in July 2026. The property also features separate utilities and systems for each unit, plus six off-street parking spaces, a rare convenience in this sought-after Newton neighborhood. With its prime location near transportation, top-rated schools, premier shopping, and vibrant community amenities, this exceptional two-family residence offers outstanding value and long-term potential. Don’t miss this opportunity to own a versatile property in one of the most desirable areas of Newton, now offered at an incredible value following an $80,000 price reduction.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, Public Transportation, Shopping, T-Station
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 51600
  • Net Operating Income: 51600

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: City

Unit 1 Description

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

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1912
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73546584
  • Last Updated: 08/23/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/23/2026Active$1,548,000$568MLSPIN
08/19/2026Back on Market$1,548,000$568MLSPIN
08/10/2026Active$1,548,000$568MLSPIN
08/06/2026Price Change$1,548,000$568MLSPIN
07/12/2026Active$1,628,000$597MLSPIN
07/08/2026New$1,628,000$597MLSPIN

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Seller's Representative: Winner Yam McDonald, William Raveis R.E. & Home Services
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 2026-08-23 04:05:00

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