723 Washington St
$2,350,000
5
Beds
5
Baths
5,132
Sqft
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$2,350,000
5
Beds
5
Baths
5,132
Living Area
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Property Description
There are 2 properties on 1 parcel. First property is 1,750 +/- sf retail building. Property has 3 bathrooms including one which is handicap accessible, wall to wall carpeting, gas heat and central a/c. Currently used as a real estate sales and appraisal office. Past uses have been, hair salon, yoga studio and fabric store. This property has a rubber roof. Second property is a residential apartment building consisting of five 1 bedroom units. This property needs a new roof, a new electrical service, several of the kitchens and bathrooms as well. With the commuter rail and express bus stop directly across the street, future rents will be well worth the improvements. Currently all units have electric baseboard heat with all rooms individually controlled. Two commercial electric hot water tanks were installed 2 years ago as owner supplies the hot water to all units. Coin operated laundry in the basement. Nice property to have your office and rental income.
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Highlights
- Area: Newtonville
- Parking Spots: 3
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 18
- Status: Active
- Levels: 9
- Property Class: Residential Income
- Stories: 9
- Year Built: 1920
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete, Unfinished
- Flooring: Vinyl, Carpet
- Interior Features: Living Room, Kitchen, Dining Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Vc2/bu2
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Amenities
- Community Features: Public Transportation, Shopping, Park, T-Station, Sidewalks
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,565,300
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Water, Hot Water)
- Taxes: $20,893
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2025
- Total Rent: $6,150
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Listing information provided courtesy of Kraft Fine Homes.
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