723 Washington St Newton MA 02458 MLS #73356478

There are multiple listings for this address:
723 Washington St
Newton, MA, 02458
$2,350,000
5 Beds
5 Baths
5,132 SqFt
0.14 Acres
$2,350,000
723 Washington St
Newton, MA, 02458
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.

Property Details

Price:
$2,350,000
MLS #:
73356478
Status:
Active
Beds:
5
Baths:
5
Address:
723 Washington St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
Newtonville
City:
Newton
Listed Date:
Apr 8, 2025
State:
MA
Finished Sq Ft:
5,132
Total Sq Ft:
5,132
ZIP:
02458
Lot Size:
5,964 sqft / 0.14 acres (approx)
Year Built:
1920
Units:
6

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
5 Full Bathrooms
Flooring
Vinyl, Carpet
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, T- Station, Sidewalks
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$88,200
Tax Year
2025
Taxes
$20,893
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Kraft Fine Homes. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Rover IDX
723 Washington St
Newton, MA
723 Washington St
Newton, MA, 02458
$2,350,000
Beds
0 Baths
0 SqFt
0.14 Acres
$2,350,000
723 Washington St
Newton, MA, 02458
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.

Property Details

Price:
$2,350,000
MLS #:
73356503
Status:
Active
Beds:
0
Baths:
0
Address:
723 Washington St
Type:
Commercial
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
Newtonville
City:
Newton
Listed Date:
Apr 8, 2025
State:
MA
Total Sq Ft:
5,132
ZIP:
02458
Lot Size:
5,964 sqft / 0.14 acres (approx)
Year Built:
1920

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
5 Full Bathrooms
Flooring
Vinyl, Carpet
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, T- Station, Sidewalks
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$88,200
Tax Year
2025
Taxes
$20,893
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby