Multi-Family Home for Sale: 264-290 Grove Street Newton, MA 02466 SOLD

99 Bed | 99.5 Baths | 92,274 Sq Ft
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Selling Price: 45,500,000
Original List Price: 45,000,000
Sold at: 101.1% of list price
Sold Date: 07/06/2017
Type: Multi-Family
Beds: 99
Total Baths: 99 Full, 99 Half
Square Feet: 92274.00 sqft
Lot Size: 7.05 acres
Year Built: 1965
Taxes Paid: $99
Area: Newton
County: Middlesex
MLS: 72194208
Status: Sold
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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.

Lot & Building Features

Fire Places: 99
Foundation: Poured Concrete
Full Baths: 99
Garage Spaces: 99
Half Baths: 99
Sewer: City/Town Sewer
Tax ID: 692285
Tax Year: 99
Taxes Paid: $99
Total Rooms: 4
Water: City/Town Water

Price History of 264-290 Grove Street, Newton, MA

Date Name Price Difference
04/03/2017 Listing Price $45,000,000.00 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map(s) 264-290 Grove Street, Newton, MA

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Jack Lister
Direct: 617-438-2460
368 Highland Ave, Davis Square
Somerville, MA 02144
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Listed by Boston Realty Advisors, Jason Weissman
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score provided by Walk Score. Mapping data provided by Google and Bing.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Jason Weissman - Boston Realty Advisors

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©2019 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.  New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. Maine Real Estate Information System, Inc. All Rights Reserved. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

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