$2,250,000
723 Washington St
Newton, MA, 02458
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
Price:
$2,250,000
MLS #:
73521974
Status:
Active
Beds:
5
Baths:
5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
newtonville
Listed Date:
May 20, 2026
Finished Sq Ft:
5,132
Total Sq Ft:
5,132
Lot Size:
5,964 sqft / 0.14 acres (approx)
Year Built:
1920
Units:
6
Schools
Interior
Above Grade Finished Area
5132
Appliances
Range, Refrigerator
Bathrooms
5 Full Bathrooms
Flooring
Vinyl, Carpet
Interior Features
Living Room, Kitchen, Dining Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Park, T-Station, Sidewalks
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
3
Parking Features
Off Street
Parking Spots
3
Parking Total
3
Roof
Shingle
Stories
5
Window Features
Insulated Windows
Financial
Tax Year
2026
Taxes
$21,482
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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Map
Current real estate data for Multi Family in Newton as of Jun 03, 2026
25
Multi Family Listed
91
Avg DOM
672
Avg $ / SqFt
$2,254,548
Avg List Price
Community
- Address723 Washington St Newton MA
- CityNewton
- CountyMiddlesex
- Zip Code02458
Subdivisions in Newton
- 15306
- Brae Burn Country Club Neighborhood-West Newton
- Chestnut Hill
- Corner of Hillside Rd. and Walnut St.
- Crystal Lake
- Farlow Hill
- Newton Center
- Newton Centre
- Newton Centre, Newton Corner
- Newton Corner – great spot .5 mile from Starbuck’s
- Newton Highlands
- Newtonville
- Oak Hill
- Oak Hill Park
- Olde Chestnut Hill
- South Side
- The Residences at Four Corners
- Waban
- Waban Square
- Waban Village
- West Newton
- West Newton Hill
Similar Listings Nearby
Property Summary
- 723 Washington St Newton MA is a Multi Family for sale in Newton, MA, 02458. It is listed for $2,250,000 To schedule a showing of MLS#73521974 at 723 Washington St in Newton, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
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.
723 Washington St
Newton, MA