371 Cherry St., Newton MA 02465

Newton, MA 02465
$1,599,000
Est. $8,511/month
4
Beds
2.5
Baths
3,113
Sq Ft
$514
Price/Sq Ft
0.20
Acres
1880
Year Built
2 Family - 2 Units Up/Down
Type
4 hours 38 minutes
Time on Market
Active Listed Sep 30, 2025 • MLS# 73437218 Copied!

About this home

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.

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,113 sq ft
Total Rooms
10
Stories
2
Levels
2

Facts & Features

Central AC

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1880
Living Area 3,113 sq ft
Lot Size 0.20 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 10

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement None
Laundry None
Features Ceiling Fan(s), Storage, Stone/granite/solid Counters, Bathroom With Tub, Floored Attic, Pantry, Open Floorplan, Living Room, Kitchen, Office/den, Laundry Room

Exterior

Construction Frame
Architecture None
Roof Slate
Features Balcony, Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 8

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,695
Assessed Value $1,193,400

Location

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Neighborhood

371 Cherry St., Newton MA 02465

Newton, MA 02465

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $975
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 30, 2025
$1,599,000
Original listing
Agent: David SY Li Office: Phoenix Real Estate Partners, LLC

Price & Status History

Date Event Price Change
Sep 30, 2025 New Listing Added $1,599,000

Market Statistics

Time on Market
4 hours 38 minutes
Price per Sq Ft
$514

Tax History

Year Taxes Assessment
2025 $11,695 $1,193,400

Financial Details

Annual Property Tax
$11,695
Tax Year 2025
Assessed Value
$1,193,400

Listing Information

Listing Agent David SY Li
Listing Office Phoenix Real Estate Partners, LLC
Agent MLS ID CN248865
Office MLS ID AN2591

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