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723 Washington St, Newton MA 02458 – 5 bed 5 bath For Sale – 73356478

$ 2,350,000
723 Washington St, Newton MA 02458, ,

Overview

  • Updated On:
  • April 29, 2025
  • listingid
  • 73356478
  • 5 Bedrooms
  • 5 Bathrooms
  • 0 Garage Spaces
  • 3 Non-Garage Parking Spaces
  • 1920

Description

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.

This property is listed by Cynthia Lanciloti from Kraft Fine Homes

Property Listing Details

Overview

MLS Status
Price $ 2,350,000
Living Area 5,132.00 ft2
Bedrooms 5
Total Rooms 18
Listing MLS ID 73356478
Days on Market 21
Bathrooms 5

Unit Information

Bedrooms 5
Full Bathrooms 5
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 3
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features Electric Dryer Hookup,Washer Hookup
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Concrete,Unfinished
Patio And Porch Features
Parking Features Off Street
Waterview Features
Flooring Vinyl,Carpet

Building Information

Building Name
Units in Building 6
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1920
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Concrete,Unfinished
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Park,T-Station,Sidewalks
Disclosures Listing agent has financial ownership in the property. Buyer's agent,place your requested compensation in the buyer's offer,for the seller's consideration. Projected rent for store front is $3,000/month.
Last Updated 2025-04-29T19:20:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number S:23 B:019 L:0005,686060
Original List Price 2350000
Listing Office kraft fine homes
Tax Annual Amount 20893
Tax Assessed Value 1565300
Tax Book Number 43983
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning VC2/BU2
Listing Agent cynthia lanciloti

Property Address

Address: 723 Washington St, Newton MA 02458
City:
State/County:
Zip: 02458
Country: US

Amenities and Features

Other Features
Dining Room
Kitchen
Living Room
Range
Refrigerator

Payment Calculator

$ 13,464.88
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,271.55

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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723 Washington St, Newton MA 02458 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

723 Washington St, Newton MA 02458 – 5 bed 5 bath For Sale – 73356478

$ 2,350,000

Status:

723 Washington St, Newton MA 02458, , , 02458

Country: US

Property Overview

MLS #: 73356478

Type: /

Action:

Year Built: 1920 (Approximate, Source: Public Records, Effective: )

Living Area: 5,132.00 ft2 (Total: 5132 Square Feet, Source: Public Records)

Lot Size: 0.14 ft2 (Area: 0.14 Acres, SqFt: 5964)

Total Rooms: 18

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 5 (Main Level: )

Bathrooms: Total: 5 (Full: 5, Half: 0, Decimal: 5, Main Level: )

Basement: Full,Interior Entry,Concrete,Unfinished

Fireplaces: 0 ()

Flooring: Vinyl,Carpet

Laundry: Electric Dryer Hookup,Washer Hookup

Window Features: Insulated Windows

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone (Area: )

Roof: Shingle

Stories: 9 (9)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer (MWRA)

Utilities: for Electric Dryer,Washer Hookup

Electric: Circuit Breakers (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 3

Parking Features: Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Level

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: Public ()

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

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

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: VC2/BU2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

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.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 6

Units Owner Occupied:

Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 850, Lease: N

Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2000, Lease: N

Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1850, Lease: N

Unit 4: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1450, Lease: N

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 20893 (Year: 2025)

Tax Assessed Value: 1565300

Tax Block/Lot/Book/Map: / / 43983 /

Parcel Number: S:23 B:019 L:0005,686060

Special Licenses:

Current Financing:

Gross Income: 129000 (Scheduled: )

Net Operating Income: 129000

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes: Unit 1(Water,Hot Water),Unit 2(Water,Hot Water),Unit 3(Heat,Water,Hot Water),Unit 4(Water,Hot Water)

Total Actual Rent: 6150

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Cynthia Lanciloti (MLS ID: BB301761) / Team:

Listing Office: Kraft Fine Homes (MLS ID: NB9391)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-08

Expiration Date: 1900-01-01

Original List Price: 2350000

Price Per SqFt (List): 457.91

Market Time (Property): 21 (Broker: 21, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: Near the intersection of Harvard Street.

Disclosures: Listing agent has financial ownership in the property. Buyer's agent,place your requested compensation in the buyer's offer,for the seller's consideration. Projected rent for store front is $3,000/month., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: GLA INCLUDES 1,750 +/- STORE FRONT (Incl. Base: No, Other: )

Master Book/Page: / (Page: 90)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 1998938

Modification Timestamp: 2025-04-29T19:20:00.000Z

Bridge Modification Timestamp: 2025-04-29T19:22:03.590Z

Original Entry Timestamp: 2025-04-08T18:58:00.000Z

Status Change Timestamp: 2025-04-08T18:58:00.000Z

Off Market Date:

Development Status:

Business Type:

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