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You are here:
Home Massachusetts Newton Multi-Family Homes for Sale

18-20 Melbourne Ave Newton, MA 02460

$1,175,000
2 Unit
5 Beds
2 Baths
2600 SQFT
0.15 Acre
18-20 Melbourne Ave
Newton, MA 02460

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 a...

Property Overview

Property Details click or tap to expand

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: 07/14/25

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/14/2025Contingent$1,175,000$452MLSPIN
06/24/2025Active$1,175,000$452MLSPIN
06/20/2025New$1,175,000$452MLSPIN
04/28/2010Canceled$585,000$225MLSPIN
01/29/2010Active$599,000$230MLSPIN
01/29/2010Active$585,000$225MLSPIN

Mortgage Calculator

Monthly Breakdown (Show Total)
$6,529.00/Mo91.0%9.0%00100020003000400050006000Principal & InterestProperty TaxPMIMonthly HOAHomeowner's Insurance
Principal & Interest:$5,941
Property Tax:$588
PMI:$0
Monthly HOA:$0
Homeowner's Insurance:$0
Monthly Payment: $6,529

Home Value : $

Down Payment : $235000 - %

Interest Rate (%) : %

Mortgage Term : Years

Start After : Month

Annual Property Tax : %

Homeowner's Insurance : $

Monthly HOA : $

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View Breakdown

Map & Resources

Horace Mann School

Public Elementary School, Grades: K-5

0.27mi

Jewish Community Day School

Private School, Grades: K-8

0.43mi

Pleasant Pizza

Pizzeria

0.23mi

Moldova Restaurant

Restaurant

0.3mi

Sakanaya Boston

Sushi Restaurant

0.39mi

Newton Fire Department

Fire Station

0.44mi

Watertown Police

Police

0.6mi

Gore Place

Museum

0.45mi

turtle studios

Gallery

0.44mi

Charles River Reservation

State Park

0.06mi

Cannalonga Park

Park

0.12mi

Coletti-Magni Park

Municipal Park

0.23mi

Joanne C. Pellegrini Memorial Playground

Municipal Park

0.32mi

Stearns Playground

Municipal Park

0.35mi

Bemis Playground

Municipal Park

0.36mi

Forte Park

Municipal Park

0.39mi

Higher Education Center Library

Library

0.18mi

Higher Education Center Library

Library

0.18mi

Children's Safety Network Library

Library

0.18mi

Library

Library

0.18mi

Pleasant St. Citgo

Gas Station

0.24mi

Grocery Garrison

Convenience

0.16mi

California St @ Bridge St

558

0.14mi

California St @ Bridge St

558

0.14mi

Pleasant St @ Bridge St

558

0.22mi

75 Chapel St

558

0.22mi

Pleasant St @ Bridge St

558

0.23mi

78 Chapel St

558

0.23mi

Watertown St @ Adams St

558
59

0.26mi

Watertown St @ Adams St

59

0.27mi

Seller's Representative: Tabatha Roseman, Coldwell Banker Realty - Boston
MLS ID#: 73391676

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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 2025-07-14 18:54:00

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