Price Reduced by $80,000! Rare opportunity to own a spacious two-family home in the highly desirable Newton Highlands/Chestnut Hill area, offering an exceptional combination of location, convenience, and investment potential. Ideally situated directly across from the prestigious Longwood Cricket Club, this property is just a 10-minute walk to Eliot Station on the MBTA Green Line, providing easy access to Boston and surrounding communities. Enjoy the best of Newton living with close proximity to Newton Centre, Brookline, Boston College, Chestnut Hill Mall, fine dining, shopping, parks, and everyday amenities, all within reach. Located in the renowned Newton public school system, this property is perfect for investors, owner occupants, 1031 exchange buyers, or multi-generational living. Both units offer two levels of living space with excellent flexibility. Unit #987 is occupied by a long-term tenant, providing immediate rental income, while Unit #989 features a spacious townhouse-style layout with 5 bedrooms, 2 full bathrooms, charming front porches, and can be delivered vacant for owner occupancy or market-rate rental opportunities. Recent improvements include new front-facing windows for the second-floor unit and two new hot water heaters installed in July 2026. The property also features separate utilities and systems for each unit, plus six off-street parking spaces, a rare convenience in this sought-after Newton neighborhood. With its prime location near transportation, top-rated schools, premier shopping, and vibrant community amenities, this exceptional two-family residence offers outstanding value and long-term potential. Don’t miss this opportunity to own a versatile property in one of the most desirable areas of Newton, now offered at an incredible value following an $80,000 price reduction.
| Units | 2 |
| Living area | 2,726 sqft |
| Lot size | 4,500 sqft |
| Year built | 1912 |
| Price / sqft | $568 |
| County | Middlesex |
| MLS # | 73546584 |
| Days on market | 33 days |
| Listed on | July 8, 2026 |
| Annual property tax | $11,134 |
| Tax year | 2026 |
| Assessed value | $1,170,000 |
| Zoning | resident |
| Gross income (actual) | $51,600/yr |
| Net operating income (actual) | $51,600/yr |
| Total actual rent | $3,177/mo |
| Stories | 4 |
| Total rooms | 12 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Granite |
| Roof | Shingle |
| Construction | Frame |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Newton →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 2,726 sqft of living area, built in 1912.
987-989 Boylston Street, Newton MA 02461 has been listed for 33 days (since July 8, 2026).
At a list price of $1,548,000 across 2 units, that works out to roughly $774,000 per unit.
Annual property taxes are $11,134 (2026), on an assessed value of $1,170,000.
At $1,548,000 for 2,726 sqft, that's about $568 per square foot.
5 total parking spaces (paved drive).
987-989 Boylston Street, Newton MA 02461 is in Newton, Middlesex County, MA 02461.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.