Active
27 Days on market
47-49 Clark Street Newton — Photo 1 of 41

47-49 Clark Street Newton — Photo 1 of 41

Recent Drop: $100,000

$2,200,000
$2,100,000

$2,100,000

Investment Analysis — 47-49 Clark Street

Newton, MA 02459

Based on rent reported on the MLS listing, a 2-unit multi-family in 02459 carries $9,900/mo in gross rent — about a 3.56% cap rate and $74,865/yr in estimated NOI at the $2,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3.5

SqFt

3,135

Style

2 Family - 2 Units Up/Down

Built

1920

A Truly Unique Opportunity in the Heart of Newton Centre. An exceptional opportunity to own both condominium units in beautifully converted two-family home. Ideally located on a pretty street in a very user friendly neighborhood. Whether you're searching for a multi-generational living arrangement, or the flexibility of owner occupancy with rental income, this could the one for you. The first floor unit features 2 bedrooms, 1.5 bathrooms, living room, dining room, eat-in kitchen, in unit laundry, central air and private outdoor living area. The upstairs residence has all four bedrooms on the same floor, where the laundry is conveniently located. The main level consists of living room with gas fireplace nook, separate dining room, office, and an open floor-plan kitchen / family area with direct access to a covered deck. Very pleasant outdoor space with level yard and lovely flowering trees and shrubs. Sensational location, minutes to Crystal Lake Beach, the vibrant shops and acclaimed restaurants, cafes and amenities of Newton Centre and the Highlands. Residents also enjoy access to Newtons highly regarded public schools, nearby parks and public transportation, and effortless commuting to Longwood Medical Area, Brookline, Cambridge, and downtown Boston. Easy access to all major driving routes. An exceptional feature of this offering is that both residences have already been legally converted into separate condominium units, providing unmatched ownership flexibility, future resale opportunities and enhanced long term investment opportunity. This is a turnkey property, with updated heating systems, central air conditioning, and an architectural shingle roof. Plus, both units are certified lead paint compliant. Listing price is considerably less than separately listed Condominiums. Once one of the Condo's goes under agreement this opportunity may no longer be available.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$2,200,000
Annual Taxes$15,423.1

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms15
Fireplaces1
FlooringHardwood, Wood, Stone/Ceramic Tile
BasementFull, Walk-Out Access, Interior Entry, Sump Pump, Concrete

Climate & Utilities

HeatingBaseboard, Hot Water, Natural Gas
CoolingCentral Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningSR3

Property & Lot

Acres0.17
SqFt Lot7,483
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Property History

Price Drop
$2,100,000

Was $2,200,000

Aug 26, 2026

MLS® 73557273

Listed
$2,200,000

Aug 7, 2026

MLS® 73557273

Listing Provided By

Listing Agent: Alan Stone

Listing Office: Preservation Properties

MLS® Number: 73557273