5-11 Lowell UNIT 11,  Watertown MA, 02472 (Commercial)

Status: Active
MLS#: 72172123
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Last Updated: 6/27/2017 10:13 AM
Description for 5-11 Lowell Watertown, MA 02472
16 UNITS! WATERTOWN APARTMENT BUILDING WITH CONDO QUALITY FINISHES! Incredible opportunity for buy and hold investors or potential condo conversion! The property consists of (16) units total with (15) 2 bedroom units, (1) 1 bedroom unit and 15 parking spots! Renovated less than 2 years ago, the units feature gleaming oak hardwood floors throughout, beautiful kitchens with granite counters, ss appliances, new cabinets, updated baths and newer windows throughout! Tenants pay for their own heat (electric) and the hot water is centralized. Easy access to downtown Boston and major transportation routes. Gross projected rent for 9/1/17 is $370,000+ per year.
Price
$5,175,000
Middlesex
72172123
Active
Description
16 UNITS! WATERTOWN APARTMENT BUILDING WITH CONDO QUALITY FINISHES! Incredible opportunity for buy and hold investors or potential condo conversion! The property consists of (16) units total with (15) 2 bedroom units, (1) 1 bedroom unit and 15 parking spots! Renovated less than 2 years ago, the units feature gleaming oak hardwood floors throughout, beautiful kitchens with granite counters, ss appliances, new cabinets, updated baths and newer windows throughout! Tenants pay for their own heat (electric) and the hot water is centralized. Easy access to downtown Boston and major transportation routes. Gross projected rent for 9/1/17 is $370,000+ per year.
Listing Information
Property Type: Multi-Family, 3+ Story
0.28 Acres 4
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
16 Paved Driveway, On Site
None
Listing Price History

Watertown Real Estate

Watertown is located in Massachusetts. Watertown, Massachusetts 02472 has a population of 32,943.

The median household income in Watertown, Massachusetts 02472 is $86,522. The median household income for the surrounding county is $83,488 compared to the national median of $53,482. The median age of people living in Watertown 02472 is 38.5 years.

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Courtesy: City Realty Group
Information is deemed reliable but is not guaranteed.

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