264-290 Grove St, Newton, MA 02466 (MLS # 72139945)

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PRICE $45,000,000
BEDS 99
BATHS 99 full, 99 half
HOME SIZE 77,008 sq ft
LOT SIZE 7.05 ac

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.

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ZESTIMATE
  264-290 Grove St, Newton, MA

RENT ZESTIMATE
  264-290 Grove St, Newton, MA

76 Very Walkable

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Listing provided by Jason Weissman, Boston Realty Advisors
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