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.
Off market
$1,158,200
885 Belmont St, Watertown, MA 02472
4beds
2,415sqft
MultiFamily
Built in 1890
-- sqft lot
$1,158,200 Zestimate®
$480/sqft
$3,370 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Gas
Appliances
- Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 2,415 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 8,712 sqft
Details
- Parcel number: WATEM0516B0005L0000
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Watertown
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, University, Tennis Court, Walk/Jog Trails, Swimming Pool
- Basement Feature: Full, Unfinished Basement
- Foundation: Fieldstone
- Lot Description: Paved Drive
- Mf Type: 2 Family - 2 Units Up/Down
- Rnt Dscrp 1: Water
- Rnt Dscrp 2: Water
- Rms Common: Laundry, Other (see Remarks)
- CONTINGENCY_TYPE: Pending P&S
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,158,200