727 Washington St, Newton, MA 02458

$1,895,000

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List Price
$1,895,000
Price Change
▼ $100,000 1781035392
Status
ACTIVE
MLS#
73513635
Lot Size (Acres)
0.16

Property Description

Wonderful opportunity in the VC2/BU2 Zoning district of Newtonville. With the change in zoning, VC2 projects are "By Right". This allows a developer or builder to bypass the special permitting process. There are many ways to build out this parcel. You have a choice of condominium style units which could allow up to 18 units @ 950 sf each. Alternatively, you could build 6 larger units, providing 1 car parking per unit. Your third option is something in-between. The seller's have a stamped plot plan, sign offs from the City of Newton Historical Commission and a sketch for how 6 units would layout on the lot. The property sits directly across from public transportion in Newtonville. Future buyers have the option of taking the commuter rail to the Fenway, Back Bay, or South Station. In addition, the express bus to Downtown Boston is also across the street. The area also offers easy access to Whole Foods, Stark Market, day spas, banks, fine & casual dining and a number of retail amenities.

Additional Information

Area
Newtonville
Taxes
$15,382
Lot Description
Level, Curbs & Gutters, Sidewalks
Water
Public
Sewer
Public Sewer
High School
North

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cynthia Lanciloti from Listing Office: Kraft Fine Homes.

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