262 ADAMS ST
NEWTON, MA 02458

$1,999,999

10 Beds

5 Baths

4,500 Sq Ft

Status Active

MLS# 73240883

Package Deal with 40 Middle St! Attention investors, developers, and potential homeowners! A unique chance presents itself with these two multi-unit buildings situated on a corner lot. This is a prime opportunity for builders and developers to refurbish and convert into condominiums. Alternatively, it's an excellent investment for owner-occupants or multi-family investors looking to generate rental income. Located conveniently near Mass Pike (Exit 17), Soldiers Field Road, and Routes 128 & 95. Enjoy a short stroll to the YMCA or Whole Foods, and easy access to Boston, Cambridge, and Riverside via nearby bus stops or the commuter rail. It's also just minutes away from Newton’s highly regarded public schools. The property at 40-42 Middle St features a distinctive Victorian design with two residential units, while 260-262 Adams St showcases a Queen Anne Colonial Revival style with three residential units and a commercial space.

Details for 262 ADAMS ST

$444 / Sq Ft

3 parking spaces

Forced Air, Oil

30 Days on website

0.09 acres lot

Interior

Appliances

Range, Refrigerator

Bathrooms Full

Bathrooms Total

Bedrooms Total

Fireplace Features

Flooring

Wood, Carpet, Laminate, Hardwood

Interior Features

Bathroom With Tub, Bathroom With Shower Stall, Pantry, Living Room, Kitchen, Family Room, Office/Den

Laundry Features

Living Area

4,500 SqFt.

HOA Features

Association Amenities

Association Fee Includes

Building And Construction

Accessibility Features

Door Features

[]

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

[]

Window Features

Year Built

1920

Exterior And Lot

Exterior Features

Balcony/Deck, Balcony

Lot Features

Corner Lot

Lot Size Acres

0.09

Lot Size Square Feet

4069

Lot Size Units

Acres

Parking Features

Off Street

Parking Total

Patio And Porch Features

["Deck - Wood"]

Pool Features

[]

Spa Features

[]

Waterfront Features

[]

Zoning

BU2

Utilities

Cooling

["Window Unit(s)"]

Heating

Forced Air, Oil

Area And Schools

City

Newton

Community Features

Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School, Sidewalks

County Or Parish

Middlesex

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$14,536.20

Tax Year

2023

Additional Info

Compensation Based On

Net Sale Price

Sub Agency Offered

Transaction Broker Compensation