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283 Melrose Street, Newton MA 02466

$8,999,000

Estimated $14,592/month Calculator

Multi Family

Total Units:

Price Per Unit: $8,999,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

Total Parking: 0

43,783 (1.01)

Set in the heart of Auburndale Village, this site 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 4 stories with tight setbacks. This is a unique opportunity, don't miss out! **Rare By-Right Opportunity** This is a Broker marketed sale by Trustee and authorized by bankruptcy court. Sale by order and Trustee deed but otherwise as is, where is. Will sell with clear title, marketable insurance and free of liens and encumbrances.

This home has been viewed 7 times

Last Checked: May 20th, 2026 at 7:48am (Source: MLS PIN #73506948)

Gross Income: $0

Gross Expenses: $0

Net Income Calc: $0

Annual Expenses for 283 Melrose Street, Newton MA 02466

Total Gross Expenses (Calculated)$0/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax0

Annual Income & Unit Breakdown for 283 Melrose Street, Newton MA 02466

Total Gross Income (Calculated)$0

General Information for 283 Melrose Street, Newton MA 02466

Listing ID73506948

Property TypeMulti Family / 5+ Family

Price8999000

StyleResidential

CityNewton

CountyMiddlesex

MLS AreaAuburndale

Neighborhood(s)

Approximate Living Area Total0

Approximate Lot Size (Acres)1.01

Total Parking0

Year Built2020

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningVC2 or MR1

Zoning DetailsOther (See Remarks)

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 283 Melrose Street, Newton MA 02466

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsTenants Washer And Dryer In The Basement.

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 283 Melrose Street, Newton MA 02466

Real Estate Taxes0

Tax Year2025

Assessed Value$0

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 283 Melrose Street, Newton MA 02466

Neighborhood(s)

MLS AreaAuburndale

Area Amenities

Contact Information for 283 Melrose Street, Newton MA 02466

Agent

Name: Ward Shifman

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Payment Calculator

, Interest

Property Taxes 0

Principal & Interest 55448.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Ward Shifman

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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EXIT

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