MA > Newton
Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
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$16,500,000
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100 SqFt
New

283 Melrose Street Newton, MA 02466

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Rebecca Hyde

Rebecca Hyde

+1(978) 400-2426

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 100 sqft

Price per Sqft $165,000

MLS Listing ID 73451393

Year Built 2020

Tax Year 2025

Lot Size 1.010 Acres

Acres 1.01

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton's village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.

Location

State MA

County Middlesex

Area Auburndale

Zoning MR2/VC2

Direction Auburn Street to Melrose

Rooms

Basement Full

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Waterfront Description River,3/10 to 1/2 Mile To Beach

Garage No

Building

Lot Description Corner Lot, Easements, Zero Lot Line, Level

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Williams

Middle Schools Brown

High Schools South

Others

Senior Community false

Listed by Coldwell Banker Realty - Newton

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Rebecca Hyde

Rebecca Hyde

Team Leader and Real Estate Agent | License ID: 9580112

+1(978) 400-2426

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283 Melrose Street