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Sold on 11/28/2018
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31 Riverside St, Needham, MA 02494

  • $976,000

    Last sold 11/28/2018 for $3.11M

  • 20

    bed

  • 20

    bath

  • 10,000

    Sqft ($312/Sqft)

Multi-family not for sale
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About 31 Riverside St

Property type Multi-family
Year built 1968
HOA fee $0/month
Lot size 0.6 Acre
Movoto estimate
Parking 10 garage spaces
Property description
DEVELOPER/INVESTOR DREAM - Extremely rare opportunity to own and develop five (5) contiguous lots in Needham, Massachusetts - currently with a two-family home on each of the five lots. Structures need TLC. All structures are free and clear of tenants. All five contiguous lots are being sold together. Each lot ranges between approximately .10 - .12 acres. Property abuts a serene park and has easy access to the highway and abundant shopping. Highly sought after location. Land and two-family homes are being sold AS IS. Offers with BUYER's contingencies are likely to be unsuccessful. No brokers' fees/commissions will be paid by SELLER or from the purchase price. Proof of purchase funds required before signing of purchase and sale agreement. Offers being received until July 31, 2018 at 5:00PM EST. All offers must be held open until August 3, 2018 at 5:00PM EST. BUYER responsible for conducting its own due diligence on best and possible use(s) of property.
Listed by
Listing Agent - Maxwell Burke
Listing Office - Boston Luxe Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#72367559 • last updated 7 years ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Levels/Style 10
Type Multi-family
MLS # 72367559
SqFt 10000
Status Sold
SubType 5+ Family - 5+ Units Side By Side
Lot Size (Acre) 0.6
Property Tax 28000
Year Built 1968
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 10, 10
# Half Baths 10
Total # of Bedrooms 20, 20
Total # of Rooms 40, 40, 40
# Fireplaces 0, 0
Exterior
Foundation Poured Concrete
# Parking Spaces 20
# Garage Spaces 10
Lot Desc Wooded, Paved Drive
Amenities / Utilities
Water Source City/Town Water
Location
County Norfolk
Multifamily Details
# of Units 5
$976K
Range: $897K-$1.05M
Last 30 days 
  • Nov 2018
    mls logo MLS # 72367559
  • Nov 28, 2018 Sold
    $3,115,000 (+17.5%)
  • Aug 16, 2018 Under Agreement
    —
  • Aug 2, 2018 Contingent
    —
  • Jul 24, 2018 Listed
    $2,650,000
  • 31 Riverside St
    $3.11M
  • —
  • 02494
    $2.38M +70% y/y
  • Needham
    $1.78M -27% y/y
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Statistics calculated by Movoto

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8/10
Eliot Elementary School
public Grades K-5
Needham School District
9/10
High Rock School
public Grades 6
Needham School District
9/10
Pollard Middle School
public Grades 7-8
Needham School District
10/10
Needham High School
public Grades 9-12
Needham School District
Source: GreatSchools.org © 2026. All rights reserved.

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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 in 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.
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