Individually Owned 
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Property summary
The property consists of two adjoining buildings at 723 Washington St. and 721 Washington St., built in 1920. The building at 723 Washington St. contains five one-bedroom apartment units, each finished with wall-to-wall carpeting and heated by electric baseboard heat controlled by individual thermostats; four units pay their own utilities while one unit has utilities paid by the owner. Hot water is provided by the landlord and the building includes two electric hot water tanks that are… approximately 3 years old. A coin-operated washer and dryer are located in the basement. The building at 721 Washington St. is a storefront property of approximately 1,750 +/- square feet with BU2 zoning, configured with three half bathrooms including one handicap-accessible restroom; it is equipped with gas heat and gas hot water, and includes central air conditioning. The two buildings are positioned directly across from an express bus route to Downtown Boston and the commuter rail services to Boston Landing, Fenway, Back Bay, and South Station, and publicly accessible commuter rail platforms have been approved for reconstruction by the city and state.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,222 SF
- Lot area
- 0.14 ac
- Year built
- 1940
- Stories
- 3
- APN
- NEWT S:23 B:019 L:0005
- Zoning
- BU2
- Assessed value · 2024
- $1,476,900
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of the zone to promote business uses
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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