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723 Washington St, Newton, MA 02458

$2,099,000
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Active Price Reduced $151,000 on June 9th, 2026
BEDS5 BATHS5 full SQUARE FEET5,132 MLS#73521974
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

723 Washington St | MLS# 73521974

This multi-family property located at 723 Washington St, Newton, MA 02458 is currently listed for sale with an asking price of $2,099,000. Search Newton real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Concrete, Unfinished
Basement: Yes
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $21,482
Year Built: 1920

Amenities

Living Room
Kitchen
Dining Room

Feature Descriptions

Appliances: Range, Refrigerator
Building Area Total: 5132
Community Features: Public Transportation, Shopping, Park, T-Station, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 22
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Circuit Breakers
Exterior: Frame
Flooring: Vinyl, Carpet
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Level
Parcel Number: S:23 B:019 L:0005,686060
Parking Features: Off Street
Parking Total: 3
Rent Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Water, Hot Water)
Road Responsibility: Public Maintained Road
Rooms Total: 18
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Water: Public
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Kraft Fine Homes
Agent Name: Cynthia Lanciloti
Agency Phone: 617-527-7002

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Estimated Payment

$ 7,073.84 per month $4,671.46 Principal & Interest $1,790.17 Property Tax $612.21 Homeowner's Insurance

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