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Active Under Contract

40 Columbus St, Newton MA 02461

$1,995,000

Estimated $5,401/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $665,000

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

5674

Total Parking: 8 (2 Garage)

13,284 (0.30)

Exceptional redevelopment opportunity in desirable Newton Highlands! Situated on a generous 13,284 Sq Ft lot in an SR2 zoning district, this large Victorian Italianate , multi family, originally built as a single family home offers tremendous potential for contractors, builders, investors & developers. Used as a 3 unit multi for many years the existing structure features 8+ BRs, 4 full baths, 10 ft ceilings, & large rooms. Built in 1869, restore, reimagine, or explore redevelopment possibilities in an A++ location! Conveniently located close to village amenities, transportation, parks & major routes, this home is being sold "As Is". Seller makes no representations or warranties regarding the condition, use, zoning, occupancy, permits or development potential of the property. Buyers and buyers agents must perform their own due diligence & verify all information independently. This is a rare opportunity to unlock value in 1 of Newton's most sought after locations.

This home has been viewed 5 times

Last Checked: September 23rd, 2026 at 10:03am (Source: MLS PIN #73561961)

Gross Income: $0

Gross Expenses: $25,996

Net Income Calc: $25,996

Water Views

Annual Expenses for 40 Columbus St, Newton MA 02461

Total Gross Expenses (Calculated)$25,996/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax25996

Annual Income & Unit Breakdown for 40 Columbus St, Newton MA 02461

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 40 Columbus St, Newton MA 02461

Listing ID73561961

Property TypeMulti Family

Price1995000 ($351.6/SqFt)

StyleMulti Family

CityNewton

CountyMiddlesex

MLS AreaNewton Highlands

Neighborhood(s)

Approximate Living Area Total5674

Approximate Lot Size (Acres)0.3

Total Parking8 (2 Garage)

Garage Parking2

Year Built1869

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningSR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 40 Columbus St, Newton MA 02461

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 40 Columbus St, Newton MA 02461

Real Estate Taxes25996

Tax Year2026

Assessed Value$2,682,600

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 40 Columbus St, Newton MA 02461

Elementary SchoolMason Rice/Zervas Buffer

Middle SchoolBrown/Oak Hill

High SchoolNshs

Neighborhood(s)

MLS AreaNewton Highlands

Area AmenitiesWalk/jog Trails

Contact Information for 40 Columbus St, Newton MA 02461

Agent

Name: Anne M Kennedy

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Team Members

Payment Calculator

, Interest

Property Taxes 2166.33

Principal & Interest 12292.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Anne M Kennedy

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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    [unparsed] => 40 Columbus St, Newton MA 02461
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EXIT

37 More Photos

Active Under Contract

40 Columbus St, Newton MA 02461

$1,995,000

Annual Expenses for 40 Columbus St, Newton MA 02461

Annual Income & Unit Breakdown for 40 Columbus St, Newton MA 02461

General Information for 40 Columbus St, Newton MA 02461

Disclosures for 40 Columbus St, Newton MA 02461

Financial Information for 40 Columbus St, Newton MA 02461

Location Information for 40 Columbus St, Newton MA 02461

Contact Information for 40 Columbus St, Newton MA 02461

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Anne M Kennedy