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1623 Centre StreetNewton, MA 02461

For Sale

$2,675,000

Smart Buyer Rebate $13,375

Rare "By-Right" development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.

Listed by Todd Glaskin

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Coldwell Banker Realty - Newton

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617-843-5685

Listed by Ward Shifman

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Coldwell Banker Realty - Newton

Listed by Gregg M. Leppo

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Coldwell Banker Realty - Newton

Listed by Alison Haran

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Coldwell Banker Realty - Newton

Last updated March 31, 2026

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Source: MLSPin #73492832

Listing Facts

  • TypeMulti-family
  • NeighborhoodNewton Highlands
  • Bedrooms16
  • Bathrooms16
  • Days on Prevu35
  • Taxes$10,867/year
  • Size12,700 sqft
  • Price per sqft$211

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

03/27/2026
Listed by Coldwell Banker Realty - Newton
$2,675,000

Property Details for 1623 Centre Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 13
  • Stories Total: 13
  • Year Built: 1920
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Waterfront Features: Lake/Pond, 1/10 To 3/10 To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 12,700
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.17
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,477
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 695029
  • Tax Annual Amount: $10,867.00
  • Tax Assessed Value: $1,108,800.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 4
  • Flooring: Wood
  • Interior Features: Living Room, Laundry Room

Measurements

  • Living Area: 12,700
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 12
  • Bathrooms Half: 4
  • Bathrooms Total Integer: 16
  • Bedrooms Total: 16
  • Rooms Total: 32

Other

General

  • Exclusions: Personal Belongings

Parking

Parking

  • Covered Spaces: 8
  • Garage Spaces: 8
  • Garage: Yes
  • Parking Features: Off Street
  • Parking Total: 8

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 16 bedrooms and 16 bathrooms in this multi-family home at 1623 Centre Street.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1623 Centre Street.

What are the annual taxes for 1623 Centre Street?

Annual taxes for this multi-family home are estimated at $10,867.

What is the square footage on this multi-family home?

According to the MLS, this listing is 12,700 sqft.

1623 Centre Street is a 16-bedroom, 16-bath multi-family home for sale in Newton MA 02461. Available on Prevu for 35 days at $2,675,000. This home features 12,700 square feet of living space, located in Newton Highlands. The median listing price for multi-family homes in this area is $1,699,000. The home offers private outdoor space and parking. View other multi-family home listings in Newton.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.