Active
129 Days on market
16-20 Winter Street Newton — Photo 1 of 7

16-20 Winter Street Newton — Photo 1 of 7

$1,425,000

16-20 Winter Street, Newton, MA 02464

Newton, MA 02464

Investor Analysis

Beds

6

Baths

2.5

SqFt

2,208

Style

2 Family - 2 Units Side by Side

Built

1845

Rare value-add opportunity in Newton with full architectural plans and permit set in place for redevelopment. Existing two-family situated on a 11,500+ SF lot in MR1 zoning, with plans designed to expand total living area from approx. 4,600 SF to over 7,300 SF . Proposed layout includes three units with optimized floor plans and increased density potential. Ideal for investors, builders, or developers seeking a head start on design and planning. Property is being Sold "AS IS" with plans and permits. Supporting documents included. Buyer to perform due diligence regarding permitting status and approvals.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$645/sqft
Local Avg (Newton)$555/sqft
16% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Newton, MA.

Property Details

Financials

Original Price$1,425,000
Annual Taxes$9,919

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningMR1

Property & Lot

Acres0.26
SqFt Lot11,506
Lot FeaturesOther

Geography

Population

3,833

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$106K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

39.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Schyler Oliveira

Listing Office: Centre Realty Group

MLS® Number: 73514114

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