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Exceptional redevelopment opportunity in desirable Newton Highlands! Situated on a generous 13,284 Sq Ft lot in an SR2 zoning district, this large multi-family home offers tremendous potential for contractors, builders, investors & developers. Used as a 3 unit multi for many years the existing structure features 8+ BRs, 4 full baths, 10 ft ceilings, & large rooms. Built in 1869, restore, reimagine, or explore redevelopment possibilities in an A++ location! Conveniently located close to village amenities, transportation, parks & major routes, this home is being sold "As Is". Seller makes no representations or warranties regarding the condition, use, zoning, occupancy, permits or development potential of the property. Buyers and buyers agents must perform their own due diligence & verify all information independently. This is a rare opportunity to unlock value in 1 of Newton's most sought after locations.

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Corner Lot, Level
  • Mls StatusNew
  • Parcel Number 694531

Tax Information

  • Tax Assessed Value $2,682,600
  • Tax Year 2026
  • Taxes$25,996

School Information

  • Elementary SchoolMason Rice/Zervas Buffer
  • High SchoolNewton
  • High School Nshs
  • Junior HighBrown/Oak Hill

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Off Street, Paved
  • Parking Spaces6

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4

Basic Information

  • List Price$2,299,000
  • MLS Number73561961
  • Modification Date08/11/2026
  • Property SubTypeMulti Family

Location

  • Address40 Columbus Street
  • Building Number40
  • CountyMiddlesex
  • NeighborhoodNewton Highlands
  • StateMA
  • StreetColumbus Street
  • SubdivisionNewton Highlands
  • TownNewton
  • Zip02461

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Porch, Deck
  • Rooms16
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1869
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.3

Interior

  • Flooring Vinyl, Carpet, Hardwood
  • Interior Features
    • Bathroom With Tub
    • Dining Room
    • Family Room
    • Kitchen
    • Living Room
    • Office/Den

Exterior

  • RoofShingle, Slate

Utilities

  • Cooling Window Unit(s)
  • Heat SystemYes
  • Heating Steam, Oil
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,674
  • Lot Size Square Feet 13,284
  • Lot Size Units Acres
  • Square Feet5,674

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Other AmenitiesBasement, Tennis, Lakefront

Water Body

  • Miles to Beach0.5
  • Waterfront Features Lake/Pond, Walk to,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningSR2

Other

  • Date Listed08/11/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Judy Korzenowski of Coldwell Banker Realty - Newton

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