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1149-1151 Walnut Street

Newton, MA 02461
  • $2,500,000
  • STATUS: Active
  • MLS #: 73058370
UPDATED: 41 min ago
$2,500,000
  • 24
    BEDS
  • 0.3
    ACRES
  • 18
    BATHS
  • 0
    1/2 BATHS
  • 27,833
    SQFT
  • $90
    $/SQFT
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Listing courtesy of Joseph Marini of Gibson Sotheby's International Realty.

Description

A rare 26-unit redevelopment opportunity designed by one of Bostons most prominent architectural firms, The Architectural Team. This prestigious condominium project entailed obtaining approval for new Mixed Use 4 (MU-4) rezoning, reaching four stories in height, and achieves an impressive Floor Area Ratio [FAR] of 2.0 to present a highly desirable opportunity for Greater Bostons best developers. This transit-oriented property is located directly across the street from the Newton Highlands MBTA subway station. Phase one and two environmental phases are complete. Potential developers may customize the building and perform a few simple steps for schematic designs, final permits, and construction documents. Supplemental information is available.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-11-30T19:05:49.22.
www.gillachgroup.com/homes/134793034
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1149-1151 Walnut Street Newton, MA 02461

  • Price: $2,500,000
  • Status: Active
  • On Site: Days
  • Updated: 41 min ago
  • MLS #: 73058370
24
Beds
18
Baths
0
½ Baths
0.3
Acres
27,833
SQFT
$90
$/SQFT
2023
Built
County:
Middlesex
Property Description
A rare 26-unit redevelopment opportunity designed by one of Bostons most prominent architectural firms, The Architectural Team. This prestigious condominium project entailed obtaining approval for new Mixed Use 4 (MU-4) rezoning, reaching four stories in height, and achieves an impressive Floor Area Ratio [FAR] of 2.0 to present a highly desirable opportunity for Greater Bostons best developers. This transit-oriented property is located directly across the street from the Newton Highlands MBTA subway station. Phase one and two environmental phases are complete. Potential developers may customize the building and perform a few simple steps for schematic designs, final permits, and construction documents. Supplemental information is available.
Exterior Features

Covered Spaces 0 Garage YN No Lot Features Other Parking Total 23 Waterfront YN No

Interior Features

Building Area Total 27833 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Lead Paint None Rooms Total 1

Property Features

Buyer Agency Compensation 2.5 Disclosures Photos Are Rendering From The Architectural Team For A Proposed Development. Two Parcels Approved For New Mu-4 Zoning. Buyer And Agent Must Perform Own Due Diligence Including Seeking Professional LegalEngineeringAnd Architectural Guidance For Verifying All Information. Listed: Mls #73058370 Too Property Sub Type 5+ Family - 5+ Units Up/Down Sewer Public Sewer Tax Annual Amount 28606.31 Tax Year 2022 Total Actual Rent 0 Transaction Broker Compensation 0 Water Source Public Year Built Details To Be Built Zoning Mix Use 4

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Joseph Marini of Gibson Sotheby's International Realty: 781-329-8008.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-11-30T19:05:49.22.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of Joseph Marini of Gibson Sotheby's International Realty.