
723 Washington St Newton — Photo 1 of 19
Recent Drop: $325,000
$1,925,000
Newton, MA 02458 — Newtonville
Beds
5
Baths
5
SqFt
5,132
Style
5+ Family - 5+ Units Up/Down
Built
1920
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.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Newton, MA.
Range • Refrigerator
Public Transportation • Shopping • Park • T-Station • Sidewalks
Was $1,995,000
Aug 7, 2026
MLS® 73521974
Was $2,099,000
Jul 8, 2026
MLS® 73521974
Was $2,250,000
Jun 9, 2026
MLS® 73521974
May 20, 2026
MLS® 73521974
May 18, 2026
MLS® 73520633
Jul 31, 2025
MLS® 73356503
May 30, 2025
MLS® 73356478
Apr 8, 2025
MLS® 73356503
Apr 8, 2025
MLS® 73356478
13,050
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$154K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
38.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Cynthia Lanciloti
Listing Office: Kraft Fine Homes
MLS® Number: 73521974
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