264 Grove StreetNewton, MA 02466MLS Number 72194208

  • Sale Price: $45,500,000
  • Sale Price: $45,500,000
  • 164 Days Since Sale
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Federal 30-year interest rate: 3.94% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 99Bedrooms
  • 7.05Acreage
  • 198Bathroom
  • 1965Year Built

Driving Directions

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.

Listed by Jason Weissman and Kevin Benzinger of Boston Realty Advisors

Listing Sold by Boston Realty Advisors

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Basic Information

Interior

Other

  • Property Type5+ Family - 5+ Units Up/Down
  • View Count17

Location

  • StreetGrove Street
  • Street No264-290
  • TownNewton
  • Building Number264
  • StateMA
  • Zip02466
  • CountyMiddlesex

Property

  • Acreage7.05
  • Square Feet92274
  • Lot Size306917
  • Year Built1965
  • Garage Spaces99
  • Parking Spaces99
  • Assessments99

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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