Rare WEST NEWTON opportunity for BUILDERS, INVESTORS, or OWNER-OCCUPIERS seeking FLEXIBILITY. Set on an 8,810 SF lot in MR1 zoning, this property offers MULTIPLE VALUE-ADD PATHS. Seller has ALREADY OBTAINED HISTORICAL DEMOLITION APPROVAL, engaged an ARCHITECT for NEW DESIGN PLANS, and PERMIT APPLICATION is IN PROCESS—saving months of pre-construction time. Ideal for a FULL REBUILD into TWO MULTI-MILLION-DOLLAR HOMES or a HIGH-END CONDO PROJECT. Existing structure offers two spacious units with bonus rooms, updated kitchens, and attic expansion potential if you prefer a RENOVATION approach. Or simply HOLD for rental income while finalizing redevelopment plans. STEPS to West Newton Square, commuter rail, express bus, and major highways. Whether you HOLD, RENOVATE, or REBUILD, this property delivers ENDLESS POSSIBILITIES in one of Newton’s MOST DESIRABLE neighborhoods. OH Sat 11-12.30 and Sun 10.30-12.
Listed by David SY Li
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Phoenix Real Estate Partners, LLC
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617-480-6856
Last updated September 01, 2025
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Source: MLSPin #73409119
Listing Facts
TypeMulti-family
NeighborhoodWest Newton
Bedrooms4
Bathrooms3
Days on Prevu43
Taxes$11,695/year
Size3,113 sqft
Price per sqft$514
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
07/24/2025
Listed by Phoenix Real Estate Partners, LLC
$1,599,000
Property Details for 371 Cherry St.
Exterior
Construction
Number Of Units Total: 2
Roof: Slate
Stories: 2
Stories Total: 2
Year Built: 1880
Year Built Details: Actual
Construction Materials: Frame
Exterior Features: Balcony, Rain Gutters, Professional Landscaping
Interior Features: Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Bathroom With Tub, Floored Attic, Pantry, Open Floorplan, Living Room, Kitchen, Office/Den, Laundry Room
Measurements
Living Area: 3,113
Living Area Source: Public Record
Rooms
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Integer: 3
Bedrooms Total: 4
Rooms Total: 10
Parking
Parking
Open Parking: Yes
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 8
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Electric: 200+ Amp Service
Heating: Forced Air, Natural Gas
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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