HomeNewton2 Family - 2 Units Up/Down987-989 Boylston Street, Newton MA 02461
987-989 Boylston Street, Newton MA 02461 — photo 1 of 311 / 31
$1,548,000
987-989 Boylston Street, Newton MA 02461
2 units · 7 bd · 3 ba · 2,726 sqft · $774,000/unit
📊 Analyze this deal

INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02461) yet.

About this property

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.

Property details

Units2
Living area2,726 sqft
Lot size4,500 sqft
Year built1912
Price / sqft$568
CountyMiddlesex
MLS #73546584

Listing status

Days on market33 days
Listed onJuly 8, 2026

Taxes & financials

Annual property tax$11,134
Tax year2026
Assessed value$1,170,000
Zoningresident
Gross income (actual)$51,600/yr
Net operating income (actual)$51,600/yr
Total actual rent$3,177/mo

Building & lot

Stories4
Total rooms12
Lot size0.1 acres
Garage spaces0
Parking spaces5
ParkingPaved Drive
BasementFull
FoundationGranite
RoofShingle
ConstructionFrame

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Newton

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

Interested in this one?

By submitting you agree to be contacted about your home search. No spam.

Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 987-989 Boylston Street, Newton MA 02461 have?

It is a 2-unit multi-family property with 2,726 sqft of living area, built in 1912.

How long has 987-989 Boylston Street, Newton MA 02461 been on the market?

987-989 Boylston Street, Newton MA 02461 has been listed for 33 days (since July 8, 2026).

What is the price per unit?

At a list price of $1,548,000 across 2 units, that works out to roughly $774,000 per unit.

What are the property taxes on 987-989 Boylston Street, Newton MA 02461?

Annual property taxes are $11,134 (2026), on an assessed value of $1,170,000.

What is the price per square foot?

At $1,548,000 for 2,726 sqft, that's about $568 per square foot.

Is there parking?

5 total parking spaces (paved drive).

Where is this property located?

987-989 Boylston Street, Newton MA 02461 is in Newton, Middlesex County, MA 02461.

Similar multi-families

Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

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.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
Signal Real EstateLinkedInZillowFacebook