723 Washington St new

Newton,MA 02458

$ 2350000

5 Beds

5 Baths

5132 SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 5,132 sqft

Price per Sqft $457

MLS Listing ID 73356478

Bedrooms 5

Full Baths 5

Year Built 1920

Annual Tax Amount $20,893

Tax Year 2025

Lot Size 6,098 Sqft

Property Sub-Type 5+ Family - 5+ Units Up/Down

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.

Location

State MA

County Middlesex

Area Newtonville

Zoning VC2/BU2

Interior

Flooring Vinyl,Carpet

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

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

Utilities Available for Electric Dryer,Washer Hookup

Roof Type Shingle

Building

Lot Description Level

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

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