Sold
264-290 Grove Street
Newton MA, 02466
$45,500,000
$493.10 per sqft
Sold
99 Beds
148.5 Baths
92,274 sqft
Multi-family
Built in 1965
This development at Riverside, a distinctive community consisting of 126 market rate units situated on 7 acres in Newton, Massachusetts. The site features 8 separate brick buildings with a mix of studios, one bedrooms and two bedroom apartments. Additionally, this irreplaceable asset offers residents ample parking with roughly 160 spaces and is strategically situated directly across the street from the Green Line Riverside MBTA station. This site presents investors with unprecedented value-add opportunity in one of the highest barrier to entry markets nationally. The development showcases a truly unmatched location and not only is the property near the Mass Pike (I-90) and Route 128 (I-95) interchange, but the Riverside Green Line MBTA station is steps away, 0.2 miles and a 4 minute walk specifically. This advantageously located asset provides residents incredible access to local submarket amenities and deep employer base.
72194208
MLSⓇ ID
April 3, 2017
Listed
February 6, 2024
Updated
Map
264-290 Grove Street
Newton MA, 02466
Interior Features
Total Stories
9
Bedrooms
99 Beds
Bathrooms
148.5 Baths
Interior Features
Other, Other (See Remarks)
Appliances
Other
Fireplace
Yes
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
7.05 Acres
Lot Features
Other
Sewer
Public Sewer
Other Property Details
Taxes
$99
Tax Frequency
Annually
Garage
Yes
Garage Spaces
99
Parking Total
99
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
99
Buyer Agency Compensation
0.1%
Courtesy of ,
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Data last updated 6:19 PM UTC, 2/6/2024
