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723 Washington StNewton, MA 02458

For Sale

$2,099,000

Smart Buyer Rebate $10,495

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.

Listed by Cynthia Lanciloti

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Kraft Fine Homes

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617-501-6158

Listed by Logan Lanciloti-Stark

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Kraft Fine Homes

Last updated June 13, 2026

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Source: MLSPin #73521974

Listing Facts

  • TypeMulti-family
  • NeighborhoodNewtonville
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu27
  • Taxes$21,482/year
  • Size5,132 sqft
  • Price per sqft$409

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/09/2026
Price Decreased
$2,099,000
05/20/2026
Listed by Kraft Fine Homes
$2,250,000

Property Details for 723 Washington St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, T-Station, Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Window Features: Insulated Windows
  • Year Built: 1920
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 5,132
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,964
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $146,400.00
  • Operating Expense: $25,000.00

Taxes

  • Parcel Number: S:23 B:019 L:0005,686060
  • Tax Annual Amount: $21,482.00
  • Tax Assessed Value: $1,647,700.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Refrigerator
  • Flooring: Vinyl, Carpet
  • Interior Features: Living Room, Kitchen, Dining Room

Measurements

  • Living Area: 5,132
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Rooms Total: 18

Parking

Parking

  • Open Parking Spaces: 3
  • Parking Features: Off Street
  • Parking Total: 3

Utilities

Equipment

  • Electric: Circuit Breakers
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Dryer, Washer Hookup
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 5 bathrooms in this multi-family home at 723 Washington St.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 723 Washington St.

What are the annual taxes for 723 Washington St?

Annual taxes for this multi-family home are estimated at $21,482.

How does 723 Washington St compare to other multi-family homes in Newtonville?

This multi-family home is listed 2% below the average price for multi-family homes in Newtonville and has been on the market for 25 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,132 sqft.

723 Washington St is a 5-bedroom, 5-bath multi-family home for sale in Newton MA 02458. On Prevu for 27 days at $2,099,000. This includes a recent price decrease of $151,000. This property features 5,132 square feet of living space, located in Newtonville. The median listing price for multi-family homes in this area is $2,095,000. The home offers parking. View other multi-family home listings in Newton.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.