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SIGNAL SCORE
About this property
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
| Units | 6 |
| Living area | 5,132 sqft |
| Lot size | 5,964 sqft |
| Year built | 1920 |
| Price / sqft | $438 |
| County | Middlesex |
| MLS # | 73521974 |
Listing status
| Days on market | 6 days |
| Listed on | May 20, 2026 |
Taxes & financials
| Annual property tax | $21,482 |
| Tax year | 2026 |
| Assessed value | $1,647,700 |
| Zoning | VC2/BU2 |
| Gross income (actual) | $146,400/yr |
| Net operating income (actual) | $121,400/yr |
| Total actual rent | $6,500/mo |
Building & lot
| Stories | 5 |
| Total rooms | 18 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Off Street |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Vinyl, Carpet |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator |
Location
Listing courtesy of Kraft Fine Homes — Cynthia Lanciloti. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 723 Washington St, Newton MA 02458 have?
It is a 6-unit multi-family property with 5,132 sqft of living area, built in 1920.
How long has 723 Washington St, Newton MA 02458 been on the market?
723 Washington St, Newton MA 02458 has been listed for 6 days (since May 20, 2026).
What are the property taxes on 723 Washington St, Newton MA 02458?
Annual property taxes are $21,482 (2026), on an assessed value of $1,647,700.
What is the price per square foot?
At $2,250,000 for 5,132 sqft, that's about $438 per square foot.
Is there parking?
3 total parking spaces (off street).
Where is this property located?
723 Washington St, Newton MA 02458 is in Newton, Middlesex County, MA 02458.
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