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Real Estate
No photos available for this listing

$1,925,000

723 Washington St, Newton MA 02458
Newton, MA 02458
Listed by Cynthia Lanciloti
Bedrooms
5
Bathrooms
5
Living area
5,132 sqft
Year built
1920

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
92
On market date
May 20, 2026
Stories
5
Garage spaces
N/A
Lot size
0.14 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Cabot
0.34 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
415
Student:teacher ratio
12.2:1
District
Newton
Middle
F A Day Middle
0.63 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
934
Student:teacher ratio
10.6:1
District
Newton
High
Newton North High
0.54 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,098
Student:teacher ratio
10.9:1
District
Newton

Mortgage calculator

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Est. monthly payment
$11,743/mo
$385,000 down
$1,540,000 loan
Principal & interest$9,988
Property tax (est.)$1,604
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 days ago.

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.