386-394 Watertown St Newton, MA

$2,500,000
Acres 0.22
Photo of 386-394 Watertown St Newton MA 02458




Description

Property has been approved by special permit (#210-17) for mixed-use development of 14,313 Square feet with a building height of three stories, incorporating nine residential units and 2,714 square feet of commercial space, not more than 16 on site parking stalls located below grade. Plans by Architect Ronald Jarek with MGD+ . The blend of residential and commercial spaces creates a dynamic environment, attracting a diverse range of occupants and businesses. At 14,313 square feet and three stories, the property provides ample space for both living and commercial activities, appealing to families, professionals, and businesses. Nine residential units can cater to a variety of housing needs, potentially attracting families, young professionals, or retirees. The 2,714 square feet of commercial space is ideal for retail, offices, or eateries, enhancing the area's economic activity.


Listed by Engel & Volkers Wellesley, Cindy Laughrea

Details

MLS 73186793
Status Pending
Price $2,500,000
DOM 368 days
Type Commercial
Lot Size 0.22 acres
Year Built 2020

Lot & Building Features

Tax Year 2023
Taxes Paid $7,327

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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