283 Melrose Street Active Save Request In-Person Tour Request Virtual Tour
Newton,MA 02466
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 100 sqft
Price per Sqft $165,000
MLS Listing ID 73451393
Year Built 2020
Tax Year 2025
Lot Size 1.010 Acres
Acres 1.01
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton's village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.
Location
State MA
County Middlesex
Area Auburndale
Zoning MR2/VC2
Direction Auburn Street to Melrose
Rooms
Basement Full
Exterior
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Waterfront Description River,3/10 to 1/2 Mile To Beach
Garage No
Building
Lot Description Corner Lot,Easements,Zero Lot Line,Level
Foundation Concrete Perimeter,Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Williams
Middle Schools Brown
High Schools South
Others
Senior Community false