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$1,175,000
Total Beds: 5 Total Baths: 2
Total Units: 2 SQFT: 2600
LOT size: 0.15 Acres
18-20 Melbourne Ave
Newton, MA 02460
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Property Description

Incredible two-family opportunity in Newton! Ideal for investors or owner-occupants, this property features separate front and side entrances, individual utilities, and a private yard, perfect for multi-generational living, rental income, or potential condo conversion. Enjoy a superb location near the Charles River walkway and bike trails to Boston, with easy access to shops, restaurants, public transit, and the Mass Pike. The first-floor unit is leased through June 30, and the second floor is currently vacant; both units will be delivered vacant at closing. A private driveway and detached two-car garage complete the package. Located in a desirable neighborhood with access to Newton’s top-rated schools, this is a rare opportunity to own and add value in one of Greater Boston’s most sought-after communities. Don’t miss out!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Highway Access, Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 67200
  • Net Operating Income: 67200

Utilities

  • Heat Zones: 2
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Poured Concrete
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73391676
  • Last Updated: 06/20/25

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Map

Seller's Representative: Tabatha Roseman, Coldwell Banker Realty - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-20 16:40:00

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