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$2,442,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 16 Total Beds
  • 0.17 Acres
  • 8 Car Garage
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Rare "By-Right" development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton's newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.

Full Property Details for 1623 Centre St

General

  • Sold For: $2,442,000
  • Taxes: $10,867 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: MLSPin
  • MLS ID: 73492832
  • Added to Site: 148 day(s) ago

Interior

  • Number of Rooms: 32
  • Interior Features: Living Room, Laundry Room
  • Fireplace: Yes
  • Number of Fireplaces: 4
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 16
  • Full Bathrooms: 12
  • Half Bathrooms: 4
  • Main - Full Baths: 12
  • Main - 1/2 Baths: 4

Bedrooms

  • Total Bedrooms: 16

Parking

  • Garage: Yes
  • Garage Spaces: 8
  • Total Spaces: 8
  • Parking Features: Off Street

Location

  • Area: Newton Highlands
  • County: Middlesex
  • Driving Directions: Prime desirable location near the corner of Centre & Walnut, steps to the MBTA Green Line & shops

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Frame
  • Roof: Shingle
  • Stories/Levels: 13
  • Square Feet: 12,700
  • Sq. Ft. Source: Public Records
  • Living Area: 12,700 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: .17
  • Frontage: Public
  • Lot Features: Other

Water Features

  • Water Front Desc.: Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)

Financial Considerations

  • Price Per Sq. Ft.: $192.28
  • Tax Amount: $10,867
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Personal Belongings
  • Disclosures/Rstr.: Renderings are for marketing purposes only; no representations are made. Buyers should perform their own due diligence. VC2 zoning encourages higher-density multifamily near MBTA train access. Inquire with agent regarding Solar Panel lease buyout. Existing building built in 1920.
  • Property ID: 695029

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— 1623 Centre St —

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NMLS#: 1598647

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Schools serving 1623 Centre St

School District:Newton School District
NameGradesDistance
Mason-Rice Elementary School
149 Pleasant Street, Newton, MA 02459
K-50.9 mi
Charles E Brown Middle School
125 Meadowbrook Rd, Newton, MA 02459
6-81.1 mi
Newton South High School
140 Brandeis Road, Newton, MA 02459
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1623 Centre St

Date
Details
Price
Change
Source
7/31/2026
Sold
$2,442,000
-8.71%
MLS
3/27/2026
Listed
$2,675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 1623 Centre St

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101 N Beacon St, Watertown, MA 02472 - Photo 1 Price Reduced
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Recent Sales near 1623 Centre St

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1629 Centre St, Newton, MA 02461 - Photo 1 Sold
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1623 Centre Street, Newton, MA 02461 (MLS# 73492832) is a Multi-Family property that was sold at $2,442,000 on July 31, 2026. This property was listed by Ward Shifman from our Brookline-Newton-Chestnut Hill Regional Office.Want to learn more about 1623 Centre Street? Do you have questions about finding other Multi-Family real estate for sale in Newton? You can browse all Newton real estate or contact a Coldwell Banker agent to request more information.