Fully renovated from the studs up in 2025, this remarkable two unit Victorian blends historic charm with modern luxuries. Soaring 10-foot ceilings and oversized windows flood the home with natural light. The generously sized units are side by side, with a front and rear unit, and each live like single family homes with no expense spared. The kitchens include high end appliances, striking quartz countertops with modern cabinetry. Spa-like baths include floating vanities, glass walk-in showers, and backlit mirrors. The finished basements provide flexible space for entertainment or fitness, while the top floors reveal sweeping city views - a serene retreat for work or relaxation. A detached garage with EV charging station and professionally landscaped grounds complete this rare, fully modernized home, full of character, warmth, and enduring beauty, perfect for an investor or owner-occupant. This is a must see!
This home has been viewed 17 times
Last Checked: November 17th, 2025 at 6:38am (Source: MLS PIN #73448177)
Gross Income: $226,800
Gross Expenses: $18,430
Net Income Calc: $208,370
CAP Rate: 4.56%
Annual Expenses for 14-16 Summit Street, Newton MA 02458
Total Gross Expenses (Calculated)$18,430/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$18,430
Annual Income & Unit Breakdown for 14-16 Summit Street, Newton MA 02458
Total Gross Income (Calculated)$226,800
Unit 1
Rental Income$9,900
LeaseN
Bedrooms4
Bathrooms3 Full, 2 Half
Floor1
Levels in Unit4
HeatingNo
Rent Includes
Unit 2
Rental Income$9,000
LeaseY
Bedrooms4
Bathrooms4 Full, 2 Half
Floor1
Levels in Unit4
HeatingNo
Rent Includes
General Information for 14-16 Summit Street, Newton MA 02458
Listing ID73448177
Property TypeMulti Family
Price$4,570,000 ($506.54/SqFt)
StyleMulti Family
CityNewton
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total9,022 SqFt
Approximate Lot Size (Acres)0.46 acres
Total Parking8 (2 Garage)
Garage Parking2 / Detached
Year Built2025
Year Built SourceBuilder
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningMR1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 14-16 Summit Street, Newton MA 02458
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$28,700
Total Gross Income By Broker$226,800
Total Net Income By Broker$198,100
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 14-16 Summit Street, Newton MA 02458
Real Estate Taxes$18,430
Tax Year2025
Assessed Value$9,999,999
Financial Data Source
Total Gross Expenses By Broker$28,700
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$226,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$198,100
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.56%
Location Information for 14-16 Summit Street, Newton MA 02458
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Public Transportation, T-station, University
Contact Information for 14-16 Summit Street, Newton MA 02458