264-290 grove street Newton, MA 02466

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.


Property Details

MLS#
72194208
Type
Multi-family
Year Built
1965
Lot Size
306,917
Beds
99
Full Baths
99
Half Baths
99
Taxes
$99
Tax Year
99

Additional Details


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Exterior

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LISTED BY: BOSTON REALTY ADVISORS

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