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11-15 John St, Newton MA 02459

$2,048,000

Estimated $5,404/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,024,000

Total Rent: 174000/year

Estimated CAP Rate:

3 Bedrooms

Baths

6047

Total Parking: 4

9,015 (0.21)

MIXES USE: Extremely rare opportunity in prime Chestnut Hill. Located on John Street just off Route 9, this property sits steps from The Street at Chestnut Hill and directly across from the Atrium office development. The property consists of two connected buildings totaling 5,000+ sq ft, not including the walkout lower level on the commercial side and the basement on the residential side. The zoning line uniquely divides the parcel, with approximately half in MR1 (multi-residential) and the other in BU1 (business), offering significant flexibility for redevelopment or mixed-use potential. There is no demolition delay with the city, allowing developers to move forward with plans immediately. The site also features approximately 18 off-street parking spaces with potential for more, an exceptional amenity in this highly desirable location. Conveniently located within walking distance to Chestnut Hill Square, home to Wegmans, as well as The Mall at Chestnut Hill.

This home has been viewed 13 times

Last Checked: June 26th, 2026 at 6:13am (Source: MLS PIN #73485191)

Gross Income: $174,000

Gross Expenses: $25,000

Net Income Calc: $149,000

Annual Expenses for 11-15 John St, Newton MA 02459

Total Gross Expenses (Calculated)$25,000/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax25000

Annual Income & Unit Breakdown for 11-15 John St, Newton MA 02459

Total Gross Income (Calculated)$174,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms2 Half

Floor1

Levels in Unit2

Rent Includes

General Information for 11-15 John St, Newton MA 02459

Listing ID73485191

Property TypeMulti Family / 2 Family

Price2048000 ($338.68/SqFt)

Style2 Family - 2 Units Side By Side

CityNewton

CountyMiddlesex

MLS AreaNewton Center

Neighborhood(s)

Approximate Living Area Total6047

Approximate Lot Size (Acres)0.21

Total Parking4

Garage Parking0

Year Built1940

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningMR1-BU1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 11-15 John St, Newton MA 02459

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 11-15 John St, Newton MA 02459

Real Estate Taxes25000

Tax Year2026

Assessed Value$1,769,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 11-15 John St, Newton MA 02459

Neighborhood(s)

MLS AreaNewton Center

Area Amenities

Contact Information for 11-15 John St, Newton MA 02459

Agent

Name: John Saleh

Office

Name: Centre Realty Group

Phone: 617-332-0077

Payment Calculator

, Interest

Property Taxes 2083.33

Principal & Interest 12619.12

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Centre Realty Group

John Saleh

Agent Phone

Office Phone

(617) 332-0077

Text Agent Call Agent Call Office

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    [unparsed] => 11-15 John St, Newton MA 02459
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EXIT

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