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28 Oliver St, Watertown MA 02472

$1,800,000

Estimated $4,357/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $600,000

Total Rent: 115200/year

Estimated CAP Rate:

7 Bedrooms

Baths

5347

Total Parking: 9

7,040 (0.16)

Legal 3-family Investment Opportunity | Watertown Square & Cushing Square in Belmont! Investors or owner occupants looking to offset expenses with strong existing tenancy. All 3 units, approx. 5,300 SqFt, currently rented generating over $115K/year in rental income. Unit 1: 3-level townhouse-style residence with 3 beds, 2 full baths, central A/C, 4 parking spaces & access to a private fenced-in outdoor space. Unit 2: Bi-level condo-style residence spanning the 2nd & 3rd floors with 3 beds + office, 2 full baths, central A/C in the primary bedroom & 2 parking spaces. Unit 3: 1st floor + lower-level condo-style residence with 1-bedroom, XL bonus room, 1.5 baths & 3 tandem parking spaces. High ceilings & generous storage throughout all 3 units. Separate utilities & private laundry in each unit; common water + shared storage shed. Convenient access to Boston/Cambridge, Newton/Waltham, MBTA bus & nearby Waverley commuter train, close to restaurants, shops, parks/ trails & Charles Riverway.

This home has been viewed 12 times

Last Checked: June 17th, 2026 at 9:08am (Source: MLS PIN #73524143)

Gross Income: $115,200

Gross Expenses: $17,258

Net Income Calc: $97,942

Water Views

Annual Expenses for 28 Oliver St, Watertown MA 02472

Total Gross Expenses (Calculated)$17,258/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax17258

Annual Income & Unit Breakdown for 28 Oliver St, Watertown MA 02472

Total Gross Income (Calculated)$115,200

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit3

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 28 Oliver St, Watertown MA 02472

Listing ID73524143

Property TypeMulti Family / 3 Family

Price1800000 ($336.64/SqFt)

Style3 Family

CityWatertown

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total5347

Approximate Lot Size (Acres)0.16

Total Parking9

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningS-6

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 28 Oliver St, Watertown MA 02472

Lead PaintNone

UFFINo

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceMeasured

ExclusionsChicken Run

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 28 Oliver St, Watertown MA 02472

Real Estate Taxes17258

Tax Year2025

Assessed Value$1,477,600

Financial Data SourceEstimated

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 28 Oliver St, Watertown MA 02472

Elementary SchoolWps

Middle SchoolWps

High SchoolWhs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 28 Oliver St, Watertown MA 02472

Agent

Name: Erika Tarlow

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Team Members

Name: David Green

Payment Calculator

, Interest

Property Taxes 1438.17

Principal & Interest 11091.03

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Erika Tarlow

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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    [description] => Legal 3-family Investment Opportunity | Watertown Square & Cushing Square in Belmont! Investors or owner occupants looking to offset expenses with strong existing tenancy. All 3 units, approx. 5,300 SqFt, currently rented generating over $115K/year in rental income. Unit 1: 3-level townhouse-style residence with 3 beds, 2 full baths, central A/C, 4 parking spaces & access to a private fenced-in outdoor space. Unit 2: Bi-level condo-style residence spanning the 2nd & 3rd floors with 3 beds + office, 2 full baths, central A/C in the primary bedroom & 2 parking spaces. Unit 3: 1st floor + lower-level condo-style residence with 1-bedroom, XL bonus room, 1.5 baths & 3 tandem parking spaces. High ceilings & generous storage throughout all 3 units. Separate utilities & private laundry in each unit; common water + shared storage shed. Convenient access to Boston/Cambridge, Newton/Waltham, MBTA bus & nearby Waverley commuter train, close to restaurants, shops, parks/ trails & Charles Riverway.
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    [unparsed] => 28 Oliver St, Watertown MA 02472
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EXIT

27 More Photos

Pending

28 Oliver St, Watertown MA 02472

$1,800,000

Annual Expenses for 28 Oliver St, Watertown MA 02472

Annual Income & Unit Breakdown for 28 Oliver St, Watertown MA 02472

General Information for 28 Oliver St, Watertown MA 02472

Disclosures for 28 Oliver St, Watertown MA 02472

Financial Information for 28 Oliver St, Watertown MA 02472

Location Information for 28 Oliver St, Watertown MA 02472

Contact Information for 28 Oliver St, Watertown MA 02472

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Erika Tarlow