Stunning new multi family with each unit offering bi-level living. Live, work and entertain in this beautifully renovated property with the first floor offering 3 beds & 2.5 baths & the top unit offering 4 beds & 2.5 baths. Each unit has an open living space flooded with natural light. Large custom kitchens complete with spacious island for stool seating. Large pantry, custom cabinets, stainless steel appliances, quartz countertops and deep farmers sink. Large dining & living room space complete with a gas fireplace makes for great entertaining. Both units have access to a private backyard space & each unit has their own driveway with parking for 2-3 cars each. Property has all new systems, roof, siding, spray foam insulation, separate storage space in the basement. Ideal East Watertown location, just minutes to Harvard Square, the new biotech corridor of Boston, & Arsenal Yards for dining, shopping, arts and entertainment.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 6:26am (Source: MLS PIN #73079078)
Gross Income: $108,000
Gross Expenses: $11,654
Net Income Calc: $96,346
Annual Expenses for 48-50 Fairfield St, Watertown MA 02472
Total Gross Expenses (Calculated)$11,654/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11654
Annual Income & Unit Breakdown for 48-50 Fairfield St, Watertown MA 02472
Total Gross Income (Calculated)$108,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit2
Rent Includes
General Information for 48-50 Fairfield St, Watertown MA 02472
Listing ID73079078
Property TypeMulti Family / 2 Family
Price2225000 ($516.72/SqFt)
Style2 Family - 2 Units Up/down
CityWatertown
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4306
Approximate Lot Size (Acres)0.12
Total Parking6
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 48-50 Fairfield St, Watertown MA 02472
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceMeasured
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
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 Compensation2.125
Facilitator Compensation2.125
Compensation Based OnNet Sale Price
Financial Information for 48-50 Fairfield St, Watertown MA 02472
Real Estate Taxes11654
Tax Year2023
Assessed Value$858,200
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 48-50 Fairfield St, Watertown MA 02472
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 48-50 Fairfield St, Watertown MA 02472