Under Agreement

723 Washington St, Newton, MA

Newton · MA 02458

$1,925,000
Price
5
Beds
5
Baths
5132
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 6 Units
Lot size: 5,964 Sq.Ft Lot
Price per square foot: $375 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Nice investment opportunity in convenient commuter location. The first building located at 723 Washington St. offers five one bedroom apartments. All units have wall to wall carpet with electric baseboard heat. Each room has individual thermostats for efficiency. Of the 5 units, 4 pay their own utility bills, while the 5th is paid for by the owner. Hot water is supplied by the landlord. There are 2 electric hot water tanks both 3 years old. Coin operated washing machine & dryer, are located in the basement. 721 Washington St, is a 1,750 +/- sf store front. The BU2 Zoning allows for many uses. There are 3 half bathrooms, one of which is handicap accessible. This building has gas heat and hot water. Additionally, there is central air conditioning. The buildings sit directly across from the express bus to Downtown Boston & the commuter rail to Boston Landing, Fenway, Back Bay & South Station. Public platforms to the commuter rail have been approved for reconstruction by the city & state.

Neighborhood & Transit

Newtonville

723 Washington St, Newton · MA 02458

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Newtonville Commuter Rail 1 route 0.05 mi
    • Framingham/Worcester Line

Price Insight

Days on Market:
168 days
Listing Price:
$1,925,000
Price per Sq.Ft:
$375
Tax Assessment:
$1,647,700 in 2026
Taxes:
$1,790 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
0
Living Area
5,132 Sq.Ft
Broker Disclosure about Living Area
GLA INCLUDES 1,750 +/- STORE FRONT
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5132
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
5,964 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Cynthia Lanciloti
Listing office
Kraft Fine Homes
MLS PIN #
73521974
Disclosure
Listing agent has financial ownership in the property. Buyer's agent, place your requested compensation in the buyer's offer, for the seller's consideration. Projected rent for store front is $4,000/month.
Disclosure
GLA INCLUDES 1,750 +/- STORE FRONT