This early 1800s farmhouse in Newton Lower Falls offers character and potential on a flat, deep 1/4 acre lot in a single-family zone. Currently configured as a side-by-side two-family, the property features classic wood clapboard siding, a fieldstone foundation, high ceilings, a front farmer's porch, and options to maintain rental income, expand, or convert back to a single-family home. The larger right-side unit includes a kitchen, dining room, living room, full bath, and private side porch on the first floor, with three bedrooms and an office upstairs. The second unit offers a main-level kitchen, dining room, living room, full bath, and a second-floor bedroom. Deeded driveway easement rights lead to rear parking and an expansive backyard. Located blocks from village shops, dining, the Charles River, and Lower Falls Community Center, with fast access to the Riverside Green Line, I-95, and the Mass Pike.
This home has been viewed 27 times
Last Checked: October 13th, 2026 at 5:08am (Source: MLS PIN #73555772)
Gross Income: $0
Gross Expenses: $10,196
Net Income Calc: $10,196
Water Views
Annual Expenses for 198-200 Concord Street, Newton MA 02462
Total Gross Expenses (Calculated)$10,196/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10196
Annual Income & Unit Breakdown for 198-200 Concord Street, Newton MA 02462
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 198-200 Concord Street, Newton MA 02462
Listing ID73555772
Property TypeMulti Family / 2 Family
Price1188000 ($460.47/SqFt)
Style2 Family - 2 Units Side By Side
CityNewton
CountyMiddlesex
MLS AreaNewton Lower Falls
Neighborhood(s)
Approximate Living Area Total2580
Approximate Lot Size (Acres)0.28
Total Parking4
Garage Parking0
Year Built1830
Year Built SourcePublic Records
Year Built DetailsUnknown/Mixed
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningSR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 198-200 Concord Street, Newton MA 02462
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWine Refrigerator
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 198-200 Concord Street, Newton MA 02462
Real Estate Taxes10196
Tax Year2026
Assessed Value$1,052,200
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 198-200 Concord Street, Newton MA 02462
Elementary SchoolAngier
Middle SchoolBrown
High SchoolSouth
Neighborhood(s)
MLS AreaNewton Lower Falls
Area AmenitiesWalk/jog Trails
Contact Information for 198-200 Concord Street, Newton MA 02462