Rare value-add opportunity in Newton with full architectural plans and permit set in place for redevelopment. Existing two-family situated on a 11,500+ SF lot in MR1 zoning, with plans designed to expand total living area from approx. 4,600 SF to over 7,300 SF . Proposed layout includes three units with optimized floor plans and increased density potential. Ideal for investors, builders, or developers seeking a head start on design and planning. Property is being Sold "AS IS" with plans and permits. Supporting documents included. Buyer to perform due diligence regarding permitting status and approvals.
| Units | 2 |
| Living area | 2,208 sqft |
| Lot size | 11,506 sqft |
| Year built | 1845 |
| Price / sqft | $645 |
| County | Middlesex |
| MLS # | 73514114 |
| Days on market | 4 days |
| Listed on | May 6, 2026 |
| Annual property tax | $9,919 |
| Tax year | 2026 |
| Assessed value | $1,023,600 |
| Zoning | MR1 |
| Gross income (actual) | $30,000/yr |
| Net operating income (actual) | $30,000/yr |
| Total actual rent | $2,500/mo |
| Stories | 4 |
| Total rooms | 12 |
| Lot size | 0.26 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street |
| Basement | Full |
| Foundation | Other |
| Sewer | Public Sewer |
| Water | Public |
Listing courtesy of Centre Realty Group — Schyler Oliveira. Listing data © MLS PIN.
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It is a 2-unit multi-family property with 2,208 sqft of living area, built in 1845.
16-20 Winter Street, Newton MA 02464 has been listed for 4 days (since May 6, 2026).
Annual property taxes are $9,919 (2026), on an assessed value of $1,023,600.
At $1,425,000 for 2,208 sqft, that's about $645 per square foot.
6 total parking spaces (off street).
16-20 Winter Street, Newton MA 02464 is in Newton, Middlesex County, MA 02464.