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Expired

345-405 Pleasant St, Watertown MA 02472

$29,975,000

Estimated $65,147/month Calculator

Multi Family

Total Units: 53

Price Per Unit: $565,566.04

Total Rent: 66000/year

Estimated CAP Rate:

74 Bedrooms

Baths

69613

Total Parking: 92

71,512 (1.64)

Introducing The Aver, a rare new construction four building apartment community on over 1.6 acres of land in one of Greater Boston's most desirable towns. Watertown is home to major life science developments as well as the Arsenal Yards retail, restaurant, office and entertainment complex. This location provides quick access to Boston and Cambridge educational and science hubs. The subject property comprises 53 units (and ideal unit mix with over 75% being 2 bedroom or 3 bedroom units) of high-end residential rentals with most units offering multiple bedrooms. Easily rentable with open floor plans, many with duplex layouts and incredible high ceilings. Also includes one larger commercial space. Buses to Newton, Boston and Cambridge are at the front door. A prime investment opportunity in one of Greater Boston's premir rental markets.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73078191)

Gross Income: $66,000

Gross Expenses: $198,518

Net Income Calc: $132,518

Annual Expenses for 345-405 Pleasant St, Watertown MA 02472

Total Gross Expenses (Calculated)$198,518/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax198518

Annual Income & Unit Breakdown for 345-405 Pleasant St, Watertown MA 02472

Total Gross Income (Calculated)$66,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 345-405 Pleasant St, Watertown MA 02472

Listing ID73078191

Property TypeMulti Family / 5+ Family

Price29975000 ($430.59/SqFt)

Style5-9 Family

CityWatertown

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total69613

Approximate Lot Size (Acres)1.64

Total Parking92

Garage Parking0

Year Built2023

Year Built SourceBuilder

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningPSCD

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 345-405 Pleasant St, Watertown MA 02472

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsPersonal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation0.5

Facilitator Compensation0.5

Compensation Based OnNet Sale Price

Financial Information for 345-405 Pleasant St, Watertown MA 02472

Real Estate Taxes198518

Tax Year2023

Assessed Value$13,871,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 345-405 Pleasant St, Watertown MA 02472

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 345-405 Pleasant St, Watertown MA 02472

Agent

Name: Todd Glaskin

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Payment Calculator

, Interest

Property Taxes 16543.17

Principal & Interest 184696.42

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Todd Glaskin

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Expired

345-405 Pleasant St, Watertown MA 02472

$29,975,000

Annual Expenses for 345-405 Pleasant St, Watertown MA 02472

Annual Income & Unit Breakdown for 345-405 Pleasant St, Watertown MA 02472

General Information for 345-405 Pleasant St, Watertown MA 02472

Disclosures for 345-405 Pleasant St, Watertown MA 02472

Financial Information for 345-405 Pleasant St, Watertown MA 02472

Location Information for 345-405 Pleasant St, Watertown MA 02472

Contact Information for 345-405 Pleasant St, Watertown MA 02472

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Todd Glaskin