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885 BELMONT STREET, Watertown, MA

Watertown · MA 02472

$970,000
Price
4
Beds
2
Baths
2415
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 2 Units
Lot size: 8,730 Sq.Ft Lot
Price per square foot: $412 / Sq.Ft
Parking: 2 Garage Spaces · 10 Off Street Spaces

About this home

Investors Take Notice - $4850/m in rent into 2021 for this beautiful 2 Fam in Watertown, 8730' lot on the Belmont line. 100% Occupancy Rate since owner purchased. Queen Anne Victorian style with large front covered porch, lots of natural light, large windows/rooms. Both units have been updated throughout the years keeping elegance and beauty. This house offers large closet space and has an abundance of storage in different areas throughout. Future attic expansion possible with approx 900+' of unfinished usable space with up to 15'+ of ceiling height. The large lot allows possibilities to convert back to the glorious single family this house was first built and used as while adding an attached townhouse on the available land next to the property or a conversion to condo's and get your ROI. In the mean time sit back and collect the rent from the A+ tenants in place. These units are leased until May and August of 2021 and each has expansion potential to increase rents. Sold As-Is.

Neighborhood & Transit

885 BELMONT STREET, Watertown · MA 02472

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Waverley Commuter Rail 1 route 0.47 mi
    • Fitchburg Line

Price Insight

Days on Market:
2112 days
Listing Price:
$995,000
Price per Sq.Ft:
$412
Tax Assessment:
$723,700 in 2020
Taxes:
$732 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,415 Sq.Ft
Broker Disclosure about Living Area
Estimated, includes unheated bonus room on top floor
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
8,730 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Lee Cooper
Listing office
Boston Abodes
MLS PIN #
72679185
Disclosure
Estimated, includes unheated bonus room on top floor