Discover the potential of this stately two-family home, conveniently located less than half a mile from West Newton Center, the Commuter Rail to Boston, and easy access to I-90. The first-floor unit features a living room, dining room, two bedrooms, an eat-in kitchen, and one bathroom, with high ceilings and hardwood floors throughout. The second-floor unit offers two bedrooms, a living room, an eat-in kitchen, one bathroom, and an oversized hallway leading to an unfinished attic with four separate rooms. All levels feature high ceilings and oversized windows, creating a bright and spacious feel. The potential to expand into the third floor adds significant value and opportunity. The basement also offers higher-than-usual ceilings, providing additional possibilities. Gas heating and hot water systems have been updated. Outside, the property includes a detached two-car garage with an attached tool shed and a quaint backyard, ideal for gardening and enjoying the seasons.OH Sat. 6/27
This home has been viewed 4 times
Last Checked: June 24th, 2026 at 10:23am (Source: MLS PIN #73540310)
Gross Income: $49,800
Gross Expenses: $11,185
Net Income Calc: $38,615
Annual Expenses for 59 River St, Newton MA 02465
Total Gross Expenses (Calculated)$11,185/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11185
Annual Income & Unit Breakdown for 59 River St, Newton MA 02465
Total Gross Income (Calculated)$49,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 59 River St, Newton MA 02465
Listing ID73540310
Property TypeMulti Family
Price1369000 ($519.15/SqFt)
StyleMulti Family
CityNewton
CountyMiddlesex
MLS AreaWest Newton
Neighborhood(s)
Approximate Living Area Total2637
Approximate Lot Size (Acres)0.19
Total Parking6 (2 Garage)
Garage Parking2
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningSR3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 59 River St, Newton MA 02465
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 59 River St, Newton MA 02465
Real Estate Taxes11185
Tax Year2026
Assessed Value$1,154,300
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 59 River St, Newton MA 02465
Elementary SchoolFranklin
High SchoolNorth
Neighborhood(s)
MLS AreaWest Newton
Area AmenitiesWalk/jog Trails
Contact Information for 59 River St, Newton MA 02465