Investment Opportunity - New Construction Property Auction - Newton, MA
Property Details
21-23 Francis Street
Newton Center, MA 02459
Aug 17, 2025, 11:00 AM EDT
Auction Description
PUBLIC AUCTION
21-23 FRANCIS STREET
NEWTON, MA 02459
SUNDAY, AUGUST 17, 2025 AT 11:00 AM
A FAMILY COMPOUND, OR INCOME-PRODUCING RENTAL UNITS
A RARE OFFERING IN A PREMIER NEWTON CENTRE LOCATION, THIS DISTINCTIVE PROPERTY PRESENTS EXCEPTIONAL VERSATILITY FOR BOTH INVESTORS AND OWNER-OCCUPANTS. JUST MOMENTS FROM THE MBTA GREEN LINE, TEMPLE EMANUEL, AND TOP-RATED NEWTON SCHOOLS, THE PROPERTY INCLUDES A NEWLY CONSTRUCTED TOWNHOME WITH A TWO-CAR GARAGE AND A SPACIOUS FIRST-FLOOR BEDROOM SUITE IDEAL FOR THOSE SEEKING ONE-FLOOR LIVING WITH THE ADDED BONUS OF EXTRA SPACE FOR GUESTS OR EXTENDED FAMILY. ATTACHED IS A FULLY GUT-RENOVATED TWO-FAMILY RESIDENCE, OFFERING EXCELLENT POTENTIAL FOR MULTI-GENERATIONAL LIVING, A FAMILY COMPOUND, OR INCOME-PRODUCING RENTAL UNITS. THE TWO-FAMILY UNIT IS A CONDO WITH ADU. WITH THOUGHTFUL UPDATES AND LOW-MAINTENANCE FEATURES THROUGHOUT, THIS IS AN OUTSTANDING OPPORTUNITY FOR A WIDE RANGE OF BUYERS INCLUDING THOSE PURSUING A 1031 EXCHANGE. RARELY DOES A PROPERTY OFFER SO MANY POSSIBILITIES IN SUCH A DESIRABLE AND WELL-CONNECTED NEWTON LOCATION.
21 AND 23 FRANCIS STREET WILL BE OFFERED INDIVIDUALLY AND IN THE ENTIRETY.
TERMS OF SALE: A DEPOSIT OF $50,000 BY CERTIFIED OR BANK CHECK
WILL BE REQUIRED AT TIME & PLACE OF SALE. DEPOSIT TO BE
INCREASED TO 5% OF TOTAL PURCHASE PRICE WITHIN 3 BUSINESS
DAYS. THE BALANCE IS TO BE PAID BY CERTIFIED OR BANK CHECK WITHIN FORTY-FIVE (45) DAYS FROM THE DATE OF SALE.
ALL OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE.
BUYER'S TO DO OWN DUE DILIGENCE. HOME SOLD IN "AS IS" CONDITION.
NO INSPECTION CONTINGENCY. NO FINANCING CONTINGENCY. NO REPRESENTATIONS; NO WARRANTIES. "AS IS" SALE OF REAL PROPERTY.
ATTENTION BROKERS: PLEASE REMEMBER TO HAVE YOUR BUYERS BRING THEIR $50,000 CERTIFIED CHECK ON SUNDAY, AUGUST 17 TO BID.
BROKERS MUST COMPLETE BUYER BROKER REGISTRATION FORM FOR THEIR BUYERS.
