59 River St, Newton MA 02465
Newton, MA 02465 • West Newton
$1,369,000
$1,299,000
Est. $7,701/month
About this home
Price reduced!!! Motivated seller. Send your Contractors & investors! . Conveniently located less than half a mile from West Newton Center, the Commuter Rail to Boston, and easy access to I-90. The first-floor unit features a living room, dining room, two bedrooms, an eat-in kitchen, and one bathroom, with high ceilings and hardwood floors throughout. The second-floor unit offers two bedrooms, a living room, an eat-in kitchen, one bathroom, and an oversized hallway leading to an unfinished attic with four separate rooms. All levels feature high ceilings and oversized windows, creating a bright and spacious feel. The potential to expand into the third floor adds significant value and opportunity. Gas heating and hot water systems have been updated. Outside, the property includes a detached two-car garage. Lots of potential for new construction as well. Easy to show. Make an offer that can't be refused.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5.1%
Price Range
Property Timeline
Price Reduced
Jul 26, 2026
$1,299,000
$70,000
(-5.11%)
From $1,369,000 to $1,299,000 (-5.1%)
Showing Instructions Updated
Jul 23, 2026
New showing requirements
Listed for Sale
Jun 23, 2026
$1,369,000
Original listing
Office: Centre Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/26/2026 | ↓ Price Reduced | $1,299,000 | $70,000 | - | From $1,369,000 to $1,299,000 (-5.1%) |
| 07/23/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/23/2026 | 🏠 Listed for Sale | $1,369,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $11,185 | $1,154,300 |
Financial Details
Annual Property Tax
$11,185
Tax Year 2026
Assessed Value
$1,154,300
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1880
Living Area
2,637 sq ft
Lot Size
0.19 acres
Bedrooms
4
Full Baths
2
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$1,850/mo · Y
Unit 2 Rent
$2,300/mo · Y
Total Monthly Rent
$4,150/mo
Gross Income
$49,800
Net Operating Income
$49,800
Cap Rate
3.83%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street, Paved
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$11,185
Assessed Value
$1,154,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Blue Gray
Sq Ft Source
Public Record
Sq Ft Disclosures
Approximate public record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
34 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
2
Living Area
2,637 sq ft
Total Rooms
9
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,637 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Newton School District local
A+
School Safety
2024-25
0.3%
Low
0.3%
Suspensions
0.7%
In-School
5.2% below state avg
Elementary Schools
10 schools
Learning Prep School
0.5 mi
Grades 02-12
Fessenden School
0.6 mi
Grades K-09
Dearborn Academy School
1.6 mi
Grades 02-12
Jackson School
1.8 mi
Grades K-06
Newton Country Day School
2.0 mi
Grades 05-12
Mount Alvernia Academy
3.0 mi
Grades PK-06
Campus School at Boston College
3.4 mi
Grades PK-12
Chestnut Hill School
3.6 mi
Grades PK-06
Brimmer + May School
3.9 mi
Grades PK-12
Solomon Schechter Day School
4.6 mi
Grades K-08
Middle Schools
4 schools
A+
F.A. Day Middle School
0.9 mi
|
#11 of 352
|
Score: 63.2
Improved 40 spots from last year
+5 above state avg
860 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
A+
Bigelow Middle School
2.4 mi
|
#26 of 352
|
Score: 60.6
Improved 44 spots from last year
+2.4 above state avg
434 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
A+
Oak Hill Middle School
3.5 mi
|
#23 of 352
|
Score: 60.8
Improved 14 spots from last year
+2.6 above state avg
649 students
Diverse
Diverse Student Body
Grades 06-08
A+
Charles E Brown Middle School
3.6 mi
|
#2 of 352
|
Score: 66.4
Improved 36 spots from last year
+8.2 above state avg
713 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
4 schools
Clearway School
2.2 mi
Grades 06-12
Fusion Academy
3.2 mi
Grades 06-12
A+
Newton North High School
1.2 mi
|
#7 of 346
|
Score: 76.5
Improved 44 spots from last year
+18.3 above state avg
2,096 students
Diverse
20 sports
• 3,076 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
A+
Newton South High School
3.4 mi
|
#5 of 346
|
Score: 77.9
Improved 20 spots from last year
+19.7 above state avg
1,898 students
Diverse
20 sports
• 2,730 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
West Newton
59 River St, Newton MA 02465
Newton, MA 02465
Listing Information
Listing Agent
Kathleen Marotta
Listing Office
Centre Realty Group
Office Phone
617-332-0077
Agent MLS ID
NB900277
Office MLS ID
BB5200
Listing Data Updated
Jul 27, 2026 12:20 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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