Listing ID73079830
Price$1,870,000
StatusActive
Bedrooms7
Total Baths5
Full Baths5
SqFt
4,480
Acres
0.110
CountyMiddlesex
Year Built1880
Property TypeResidential Income
Property Sub Type3 Family
Are you seeking a fully-renovated, multifamily home in Watertown’s Historic District? Look no further! Centrally situated in a highly desirable area near Watertown Square just moments from Arsenal Yards shopping & dining, this rarely available three-unit property captivates with a beautifully refreshed exterior and interior. Explore the newly renovated property to discover one 4BR/3BA unit, one 2BR/1BA & 1BR/1BA units.Each apartment features an openly flowing floorplan, hard-wood flooring, abundant natural light, a spacious living room, an uber-chic full bathroom with premium finishes, an in-unit laundry with W/D, and an ultra-stylish kitchen with stainless-steel appliances and quartz countertops. Other features include two driveways, six available parking including 2 garage spaces, built-ins, and quick access to nearby attractions.Whether a seasoned investor or a savvy homebuyer, this newly-remodeled, three-family offers both tremendous cashflow potential and multiple exit strategies
County
Middlesex
Property Sub Type
3 Family
Property Type
Residential Income
Year Built
1880
Appliances
Gas Water Heater,Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Basement
Full, Partial, Finished, Partially Finished, Interior Entry, Bulkhead, Concrete, Unfinished
Bathrooms Total Decimal
5
Building Area Units
Square Feet
Cooling
1
Cooling Type
Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
Flooring
Wood,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring), Unit 3(Tile Floor,Hardwood Floors,Wood Flooring)
Heat Units
3
Heating
1
Heating Type
Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Radiators,Gas,Unit Control), Unit 3(Hot Water Baseboard,Electric Baseboard,Gas,Electric)
Interior Features
Other, Other (See Remarks), Unit 1(Pantry,Storage,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 2(Storage,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Open Floor Plan), Unit 3(Storage,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet,Bathroom With Tub,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Family Room,Other (See Remarks))
Laundry Features
Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup,Washer & Dryer Hookup)
Living Area
4480
Other Equipment
Unit 3 Intercom
Heat Zones
5
Rooms Total
14
Stories Total
6
Construction Materials
Frame, Stone
Covered Spaces
2
Electric
100 Amp Service
Farm Land Area Units
Square Feet
Foundation Details
Stone
Garage
1
Garage Spaces
2
Lot Size Area
0.11
Lot Size Square Feet
4691
Lot Size Units
Acres
Number Of Units Total
3
Open Parking
1
Parking Features
Paved Drive, Off Street, Tandem, Other
Parking Total
6
Patio And Porch Features
Porch, Deck
Roof
Slate, Rubber, Metal
Sewer
Public Sewer
Utilities
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Water Source
Public
Building Area Source
Other
Community Features
Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
Country
US
Directions
Mount Auburn to Marshall st
Waterfront
no
Zoning
CB
Color
Green
FLRS 2
2
FLRS 3
1
GRE
3700
Lead Paint
Unknown
Levels 1
1
Levels 2
2
Levels 3
3
Listing Alert
No
Mls Status
Active
FLRS 1
1
Offline List Number
3547257
Page
6
Property Condition
Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
SqFt Disclosures
Architect Plans
SqFt Includes Basement
Yes
Team Member
CN234377
Year Built Details
Approximate
Year Built Source
Public Records
Buyer Agency Compensation
2.5
Compensation Based On
Gross/Full Sale Price
Disclosure
Y
Disclosures
Seller is related to the Real Estate agent. Units 14-1 & 14-2 have lead certificates; 12 Marshall- Leased through 1/31/2024; 14 Unit 1- Leased through 3/1/2024; 14 Unit 2- Leased through 7/31/2023; All three units have been renovated between 2019 & 2022; Condo plans plans are available.
Down Payment Resource
No
Financial Data Source
Estimated, Owner
Gross Income
115200
Insurance Expense
2200
Lease 1
Y
Lease 2
Y
Lease 3
Y
List Price Per SqFt
417.41
Net Operating Income
111500
Operating Expense
3700
Price Per SqFt
417.41
Rent Includes
Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))
Sub Agency Offered
No
Tax Annual Amount
12583.42
Tax Assessed Value
1191600
Tax Book Number
7212
Tax Year
2023
Total Actual Rent
9600
Water Sewer Expense
1500
© 2023 MLS Property Information Network, Inc. (MLSPIN). 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. This information was last updated on Friday, March 31st, 2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Please contact RE/MAX LEading Edge directly for additional information pertaining to the status and availability of properties displayed on this website.Schedule a Showing - Listing ID 73079830
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