About this home
Exceptional redevelopment opportunity in desirable Newton Highlands! Situated on a generous 13,284 Sq Ft lot in an SR2 zoning district, this large Victorian Italianate , multi family, originally built as a single 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.
Listing last checked: Listing updated:
Listed by Anne M Kennedy · Coldwell Banker Realty - Newton · MLS #73561961
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Details at a glance
Interior5 property facts
- Rooms
- 16
- Heating
- Steam, Oil
- Cooling
- None, Window Unit(s)
- Flooring
- Vinyl, Carpet, Hardwood
- Basement
- Yes · Full, Unfinished
Building6 property facts
- Style
- Multi Family
- Year built
- 1869
- Garage
- 2
- Parking
- 6
- Foundation
- Stone
- Roof
- Shingle, Slate
Land & utilities5 property facts
- Lot size
- 0.3 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- SR2
Financial2 property facts
- Annual taxes
- $25,996
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,995,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$12,254 / monthAdjust
- Principal & interest
- $10,088
- Property tax
- $2,166
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $25,996. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $2,348,793
Estimated range $2,214,114–$2,483,472.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 40 Columbus St
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