$1,599,000

371 Cherry St., Newton, MA 02465

  • 4 beds |
  • 3 baths |
  • 3,113 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $514/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

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. OH Sat 11-12.30 and Sun 10.30-12.

Listing Status:
Active
Date Added:
July 24, 2025 at 05:00AM
Listing Office:
Phoenix Real Estate Partners, LLC : 617-335-2372
Listing Agent:
David SY Li : 617-480-6856
MLS ID:
73409119
  • General: Ceiling Fan(s)StorageStone/Granite/Solid CountersBathroom With TubFloored AtticPantryOpen FloorplanLiving RoomKitchenOffice/DenLaundry Room
  • Appliances: RangeDishwasherDisposalRefrigeratorWasherDryer
  • Flooring: TileHardwood
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Fireplace: FireplaceFireplaces: 1

This listing courtesy of David SY Li, Phoenix Real Estate Partners, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Franklin

125 Derby St, West Newton, MA, 02465

Grades KG-5

0.45 miles away

F

F a Day Middle School

21 Minot Pl, Newtonville, MA, 02460

Grades 6-8

0.95 miles away

N

Newton North High School

457 Walnut St, Newtonville, MA, 02460

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.