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Active Under Contract

723 Washington St

Newton, MA 02458

Offered at$1,925,000

Residential Income · Active Under Contract · MLS #73521974
Listing Courtesy of Kraft Fine Homes | Cynthia Lanciloti

5Bedrooms
5Bathrooms
5,132Square feet
1920Year built

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MLS PIN data

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 information

Details at a glance

Interior

Rooms
18
Flooring
Vinyl, Carpet

Building

Style
5+ Family - 5+ Units Up/Down
Year built
1920
Parking
3
Foundation
Stone
Roof
Shingle

Land & utilities

Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Zoning
VC2/BU2

Financial

Annual taxes
$21,482
Assessment year
2026

Listing history

Price and status timeline

  1. Lsd

    $2,000 · Sold $2,000 · May 18, 2026

  2. Exp

    $2,350,000 · Apr 8, 2025

  3. Exp

    $2,350,000 · Apr 8, 2025

Property value estimate

An informed starting point

Estimated value$2,279,297

Estimated range $2,069,622$2,488,971

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Newton

MetricThis propertyNewton
List price$1,925,000$1,658,00016% above local
Price / sq ft$375$75951% below local
Days on market1068033% above local
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Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 723 Washington St

Can I schedule a private showing?

Yes. Request a tour of 723 Washington St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.