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$1,425,000   Price Analysis
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18 Irma Ave
Watertown, MA 02472
6 bed 3 bath 2,920 SqFt ($488/SqFt)
3,999SqFt lot. Built 1920
Listed 2024-04-24, Taxes $14,928
Ⓧ USDA Ineligible
due to price & location

near Bemis

3 Family in spectacular condition and in prime

* Has Contingent Offer *

East Watertown location! This wonderful property has been owned and carefully maintained by the same owner for decades. 2 garage parking spots, sys tems and structure in good shape, roof is newer and exterior is care-free. nothing to do but move in and/or be a landlord in a high demand rental area.

Many updates throughout all units over the years, nothing has been overlooked. If you're looking for a wonderful investment, whether you're a savvy investor or looking to purchase a property to live in and rent out a couple units to offset the rent, this could be perfect. Don't miss out on this excellent opportunity!


Presented by Wilson Group at
Keller Williams Realty - Chestnut Hill.
Listing Agent Photo

Property MLS #73227932 from MLSPIN

Bedrooms: 6

Total Rooms: 19
Basement Description: Unfinished

Total Bathrooms: 3
Full Bathrooms: 3

Stone/Granite/Solid Counters
Open Floorplan
Ceiling Fan(s)
Living Room
Dining Room
Kitchen
Sunroom
Laundry Room
Living RM/Dining RM Combo
Office/Den
Flooring: Hardwood

Range
Dishwasher
Disposal
Refrigerator
Washer
Dryer
Range Hood

Cooling Features: Window Unit(s)
Heating Features: Steam, Natural Gas, Baseboard
Heating: Yes

Balcony/Deck
Balcony
Rain Gutters
Fruit Trees
Fencing: Fenced/Enclosed
Patio And Porch Features: Enclosed, Patio

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Off Street, Assigned
Parking Total: 2

Lot Size Acres: 0.0918044
Lot Size Square Feet: 3999

View: City View(s)

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Hosmer

Watertown High School is a public high school located approximately 1 miles away.
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St Stephen's Armenian Elementary School is a private elementary school located approximately 0.2 miles away.
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Hosmer Elementary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Watertown Middle School is a public middle school located approximately 1.7 miles away.
directions icon Map directions

Gross Income: 81000
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Number of Units: 3

Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School

Annual Tax Amount: 14928
City Region: East Watertown
Source Listing Status: Contingent
County: Middlesex
Directions: Mt. Auburn St to Irma Ave
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 3395
Parcel Number: 854168
Property Subtype: 3 Family - 3 Units Up/Down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$611,300 + $488,000
$1,099,300
$14,928
2022$594,700 + $443,600
$1,038,300
$13,757
2021$573,800 + $428,800
$1,002,600
$12,282
2020$569,300 + $414,000
$983,300
$11,937
2019$520,800 + $414,000
$934,800
$12,040
2018$478,200 + $384,500
$862,700
$11,621
2017$406,400 + $336,400
$742,800
$10,317
2016$396,900 + $317,900
$714,800
$9,778
2015$292,200 + $281,000
$573,200
$8,615
2013$291,500 + $262,500
$554,000
$8,133
2006$355,200 + $255,000
$610,200
$6,816
2005$397,000 + $182,000
$579,000
$6,317
2004$369,000 + $176,400
$545,400
$5,645
2003$253,200 + $136,200
$389,400
$4,926

Listed 2024-04-24
$1,425,000
MLSPIN
Listing removed 2015-09-09
$1,975
RentlinxUnits
Price Changed for rent 2015-08-25
$1,975
RentlinxUnits
Listed for rent 2015-07-17
$2,200
RentlinxUnits

Net Operating Income: 63605
Operating Expense: 5595

Electric: Circuit Breakers
Sewer: Public Sewer
Water Sewer Expense: 2200
Water Source: Public

Year Built: 1920
Building Area Total: 2920
Building Area Units: Square Feet
Foundation Details: Concrete Perimeter
Property Age: 104
Roof: Shingle
Levels or Stories: 6
Year Built Details: Actual
Year Built Source: Public Records
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.