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723 Washington St, Brighton, MA, 02458

5beds
5baths
5,132sqft
$1,995,000
$389price/sqft
$13,295/moest. monthly cost
$531,800/yrincome needed

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.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

8/10
9/10
F A Day Middle SchoolGrades 6-80.6 mi
10/10
Newton North High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Living Room,Kitchen,Dining Room
  • Window features: Insulated Windows
  • Flooring: Vinyl,Carpet
  • Finished area above ground: 5,132

Interior Area

  • Total structure area: 5,132
  • Total interior livable area: 5,132 sqft

Property

Details

  • Parcel number: S:23 B:019 L:0005,686060
  • Zoning: VC2/BU2

Lot

  • Lot size: 5,964 sqft
  • Features: Level

Parking

  • Total spaces: 3
  • Parking features: Off Street
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,087$121,044
Home Insurance *$518$6,216
Property Taxes $1,679$20,148
Electricity $1,011$12,143
Total$13,295$159,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$455,828/yr
40% on housing$398,850/yr
45% on housing$354,533/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$389This listing

vs Other Active Listings

Avg $/sqft

ZIP 02458$567
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02458$557
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$1,925,000
2026-07-08Price change$1,995,000
2026-06-09Price change$2,099,000
2026-05-20Listed for sale$2,250,000
2025-05-31Listing removed$2,350,000
2025-04-08Listed for sale$2,350,000

For Sale by Agent

AgentCynthia Lanciloti
BrokerageKraft Fine Homes

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