A Truly Unique Opportunity in the Heart of Newton Centre. An exceptional opportunity to own both condominium units in beautifully converted two-family home. Ideally located in a very user friendly neighborhood. Whether you're searching a multigenerational living arrangement, or the flexibility of owner occupancy with rental income this could the one for you. The first floor unit features 2 bedrooms, 1.5 bathrooms, living room, dining room, eat-in kitchen, in unit laundry, central air and private outdoor living area. The upstairs residence has all four bedrooms on the same floor, where the laundry is conveniently located. the main level consists of living room, with gas fireplace nook, separate dining room, office, and an open floorplan kitchen / family area with direct access to a covered deck. very pleasant outdoor space with level yard and lovely flowering trees and shrubs. Sensational location, moments to Crystal Lake Beach, the vibrant shops and acclaimed restaurants, cafes and amenities of Newton Centre and the Highlands. Residents also enjoy access to Newtons highly regarded public schools, nearby parks and public transportation, and effortless commuting to Longwood Medical Area, Brookline, Cambridge, and downtown Boston. Easy access to all major driving routes. An exceptional feature of this offering is that both residences have already been legally converted into separate condominium units, providing unmatched ownership flexibility, future resale opportunities and enhanced long term investment opportunity. This is a turnkey property, with updated heating systems ,C/A, architectural shingle roof, and both units are certified lead paint compliant. Listing price is considerably less than separately listed Condominiums. Once one of the Condo's goes under agreement this opportunity may no longer be available.
This home has been viewed 16 times
Last Checked: August 7th, 2026 at 8:13pm (Source: MLS PIN #73557273)
Gross Income: $111,600
Gross Expenses: $15,423
Net Income Calc: $96,177
Annual Expenses for 47-49 Clark Street, Newton MA 02459
Total Gross Expenses (Calculated)$15,423/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15423.1
Annual Income & Unit Breakdown for 47-49 Clark Street, Newton MA 02459
Total Gross Income (Calculated)$111,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 47-49 Clark Street, Newton MA 02459
Listing ID73557273
Property TypeMulti Family / 2 Family
Price2200000 ($701.75/SqFt)
Style2 Family - 2 Units Up/down
CityNewton
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3135
Approximate Lot Size (Acres)0.17
Total Parking4
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningSR3
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 47-49 Clark Street, Newton MA 02459
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
Financial Data SourceEstimated
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 47-49 Clark Street, Newton MA 02459
Real Estate Taxes15423.1
Tax Year2026
Assessed Value$1,591,700
Financial Data SourceEstimated
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 47-49 Clark Street, Newton MA 02459
Elementary SchoolMason Rice / Bowen
Middle SchoolBrown / Oak Hill
High SchoolSouth
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 47-49 Clark Street, Newton MA 02459