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723 Washington St

Newtonville, Newton, MA 02458
$2,250,000
5 Beds
5 Baths
5,132 Living Area
  • 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.
  • Highlights
    • Area: Newtonville
    • Parking Spots: 3
    • Property Type: 5+ Family - 5+ Units Up/Down
    • Total Rooms: 18
    • Status: Active
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1920
  • 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
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, T-Station, Sidewalks
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,647,700
    • Tax Year: 2026
    • Total Rent: $6,500
    • 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: $21,482

Location

723 Washington St, Newton, MA 02458

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kraft Fine Homes. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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