727 Washington St 0.16 Acres of Residential Land Offered at $1,995,000 in Newton, MA 02458

Wonderful opportunity in the VC2/BU2 Zoning district of Newtonville. With the change in zoning, VC2 projects are "By Right". This allows a developer or builder to bypass the special permitting process. There are many ways to build out this parcel. You have a choice of condominium style units which could allow up to 18 units @ 950 sf each. Alternatively, you could build 6 larger units, providing 1 car parking per unit. Your third option is something in-between. The seller's have a stamped plot plan, sign offs from the City of Newton Historical Commission and a sketch for how 6 units would layout on the lot. The property sits directly across from public transportion in Newtonville. Future buyers have the option of taking the commuter rail to the Fenway, Back Bay, or South Station. In addition, the express bus to Downtown Boston is also across the street. The area also offers easy access to Whole Foods, Stark Market, day spas, banks, fine & casual dining and a number of retail amenities. Agent related to sellers.