Attention Contractors, Investors & Buyers!!! A rare opportunity to own/renovate a 3-family home in East Watertown. Walk to stores, restaurants and other amenities. Ten minutes to Boston and minutes from Cambridge. Great chance to get in on the ground floor of this expanding city with new schools and new industries .Buyer/Buyer's Agent to conduct their own due diligence, verifications and research. This property does not have a driveway. There is not on street overnight parking in Watertown during November through April due to a snow ban.
This home has been viewed 48 times
Last Checked: November 19th, 2024 at 5:19am (Source: MLS PIN #73290615)
Gross Income: $82,200
Gross Expenses: $17,952
Net Income Calc: $64,248
CAP Rate: 4.96%
Annual Expenses for 30 Irma Ave, Watertown MA 02472
Total Gross Expenses (Calculated)$17,952/year
APOD AvailableNo
Heating
Electricity
Water$2,500
Gas$2,500
Insurance$2,700
Sewer$2,500
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$12,752
Annual Income & Unit Breakdown for 30 Irma Ave, Watertown MA 02472
Total Gross Income (Calculated)$82,200
Unit 1
Rental Income$2,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$2,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,900
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 30 Irma Ave, Watertown MA 02472
Listing ID73290615
Property TypeMulti Family / 3 Family
Price$1,295,000 ($392.19/SqFt)
Style3 Family
CityWatertown
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,302 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area999
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningT
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 30 Irma Ave, Watertown MA 02472
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated, Owner
Total Gross Expenses By Broker$5,100
Total Gross Income By Broker$82,200
Total Net Income By Broker$72,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation2%
Sub-Agent Compensation
Compensation Based On
Financial Information for 30 Irma Ave, Watertown MA 02472
Real Estate Taxes$12,752
Tax Year2024
Assessed Value$1,089,900
Financial Data SourceEstimated, Owner
Total Gross Expenses By Broker$5,100
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$82,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$72,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.96%
Location Information for 30 Irma Ave, Watertown MA 02472
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesConservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Pool, University, Sidewalks
Contact Information for 30 Irma Ave, Watertown MA 02472