371 Cherry St. Newton MA 02465 MLS #73409119

371 Cherry St.
Newton, MA, 02465
$1,599,000
4 Beds
2.5 Baths
3,113 SqFt
0.2 Acres
$1,599,000
371 Cherry St.
Newton, MA, 02465
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.

Property Details

Price:
$1,599,000
MLS #:
73409119
Status:
Active
Beds:
4
Baths:
2.5
Address:
371 Cherry St.
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Newton
Listed Date:
Jul 24, 2025
State:
MA
Finished Sq Ft:
3,113
Total Sq Ft:
3,113
ZIP:
02465
Lot Size:
8,810 sqft / 0.20 acres (approx)
Year Built:
1880
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas

Exterior

Construction Materials
Frame
Exterior Features
Balcony, Rain Gutters, Professional Landscaping
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
8
Roof
Slate

Financial

Net Operating Income
$72,000
Tax Year
2025
Taxes
$11,695
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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371 Cherry St.
Newton, MA