$1,925,000
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.
Property details
- MLS #
- 73521974
- Property type
- 5+ Family - 5+ Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 133
- On market date
- May 20, 2026
- Stories
- 5
- Total bathrooms
- 5
- Garage spaces
- N/A
- Parking spaces
- 3
- Lot size
- 0.14 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 415
- Student:teacher ratio
- 12.2:1
- District
- Newton
- Enrollment
- 934
- Student:teacher ratio
- 10.6:1
- District
- Newton
- Enrollment
- 2,098
- Student:teacher ratio
- 10.9:1
- District
- Newton
Walkability
Blended score for Newton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Newton, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 12, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.