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$ 4,250,000
Est. payment /mo
New
40 Cypress St Newton, MA 02459
0.4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73551383
HOA Y/N false
Annual Tax Amount $14,766
Tax Year 2026
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Residential
Property Description
Rare development opportunity at 40 Cypress Street in Newton. This 17,000± sq. ft. lot has been subdivided through an approved ANR plan, creating two development parcels. One parcel is approved for two buildings containing six total units, while the second parcel is approved for one four-unit building, for a total of 10 units under Newton's MRT zoning. Approvals and plans currently in hand include the ANR plan filed with the Registry of Deeds, an approved MRT project through the DRT team with the order filed at the Registry, filed engineering plans, interior demolition permit, fire and sprinkler plans, and tree permit. Structural plans and building permits are expected to be delivered by closing. A significant opportunity to acquire a well-advanced Newton development project with substantial approvals already completed.
Location
State MA
County Middlesex
Zoning MR1/MR
Direction USE GPS
Exterior
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Building
Lot Description Elevated, Lot Staked
Sewer Public Sewer, Perc Test On File
Water Public
Others
Senior Community false
Listed by William Raveis R.E. & Home Services