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Home Massachusetts Multi-Family Homes for Sale

60-62 Gilbert Street Watertown, MA 02472
Not Available - Off Market
12
$1,200,000
Total Beds: 8 Total Baths: 4
Total Units: 2 SQFT: 2672
LOT size: 0.09 Acres
60-62 Gilbert Street
Watertown, MA 02472
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This Property is No Longer Available

Property Description

This renovated two-family property is situated in Watertown, MA, a thriving employment hub conveniently positioned just 15 minutes from downtown Boston. The property consists of two units each with sunny four-bedroom layouts, and offers residents the luxury of their own private deck and off-street parking. The property has been fully renovated with stainless steel appliances, quartz countertops, and an in-unit washer & dryer. 60-62 Gilbert will be delivered with one unit vacant, making it the perfect opportunity for an end user who would “owner occupy” the space or an investor who is looking for a turn-key cash flowing asset.
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Unfinished Basement
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Pro. Forma Available, Projected
  • Gross Operating Income: 87600
  • Gross Expenses: 32071
  • INSC: 4000
  • Repairs & Maintenance: 2000
  • RFS: 1638
  • Management Fee: 4380
  • Net Operating Income: 55529

Utilities

  • Electric Info: Other (See Remarks)
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1919
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Other (See Remarks)
  • Foundation Info: Other (See Remarks)
  • Roof Material: Other (See Remarks)
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73222685
  • Last Updated: 05/08/24

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Map

Seller's Representative: Kevin Benzinger, Boston Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.5
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-05-08 03:05:00

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