$2,350,000

723 Washington St Newton, MA 02458

$10,000
Closing credit¹
5 beds
5 full
5,132 sqft
0.1 acres
$458 / sqft
Multi-Family

Property details

About 723 Washington St

There are 2 properties on 1 parcel. First property is 1,750 +/- sf retail building. Property has 3 bathrooms including one which is handicap accessible, wall to wall carpeting, gas heat and central a/c. Currently used as a real estate sales and appraisal office. Past uses have been, hair salon, yoga studio and fabric store. This property has a rubber roof. Second property is a residential apartment building consisting of five 1 bedroom units. This property needs a new roof, a new electrical service, several of the kitchens and bathrooms as well. With the commuter rail and express bus stop directly across the street, future rents will be well worth the improvements. Currently all units have electric baseboard heat with all rooms individually controlled. Two commercial electric hot water tanks were installed 2 years ago as owner supplies the hot water to all units. Coin operated laundry in the basement. Nice property to have your office and rental income.

Highlights

Home typeMulti Family
StatusActive
Size5,132 sqft
BasementYes
Lot size0.14 Acres
Year built1920
ParkingOff Street
MLS #73356478

Summary

  • MLS Number: 73356478
  • MLS Name: MLS Property Information Network
  • Office Name: Kraft Fine Homes
  • Office Phone: (617) 527-7002
  • Listing Agent: Cynthia Lanciloti

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$2,350,000

723 Washington St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,476,900$-
2023$1,369,400$-
2022$1,292,500$-
2021$1,257,100$-
2020$1,257,100$-
2019$1,199,400$-

History based on county public records data.

Nearby schools

7

Cabot Elementary School

Public District KG-5

0.3 mi

229 Cabot St

7

Horace Mann Elementary School

Public District KG-5

0.6 mi

225 Nevada St

6

Lincoln-Eliot Elementary School

Public District KG-5

0.7 mi

191 Pearl St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $99,716. The majority of Newton, MA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

7%
<35k
43%
35k-100k
38%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
7%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • NordstromNordstrom
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • InfinitiInfiniti

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 723 Washington St in Newton, MA and zip code 02458 in the Newtonville neighborhood. This 5,132 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $2,350,000.

Over 21 listings were sold over their listed price in March 2025 in Newton, MA. In the same period over 22 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Newton, MA increased by 41.6% between February and March 2025. In March 2025 median list price was $1,497,875 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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