119-121 Dexter Ave Watertown, MA 02472

Features

• Price/sqft: $343
• Lot Size: 6621 sq. ft.
• Total Units: 3
• Total Rooms: 10
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Roof Type: GABLE
• Heating: 16

Facts

• Year Built: 01/01/1910
• Property ID: 896723057
• MLS Number: 73260961
• Parcel Number: WATE M:1209 B:0012 L:0011
• Property Type: Other
• County: MIDDLESEX
• Zoning: T
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Investment Opportunity in Prime Residential LocationLocated just 0.7 miles from Arsenal Yards, this 2-unit building with a finished basement and an accessory dwelling on the top floor has been well-updated and maintained. The 1st and 2nd floors offer spacious 3-4 bedroom, 2 bathroom flats featuring wooden floors, formal dining, living areas, and renovated kitchens and bathrooms. With current rents below market, the property can gross approximately $132K in rental income. The lot accommodates up to 11 parking spaces and boasts 5,385 sq. ft. of living space, where each unit has over 1,500 sq. ft. Key updates include three separated systems with 3 gas boilers (replaced in 2014) and 4 hot water tanks (replaced in 2012). Leases are in place until June 2025. Schedule a viewing today to explore the valuable potential of this property!