Excellent opportunity to own a well-maintained, separately metered (except water) 2-family home on a quiet street with off-street parking. The 1st-floor unit features 2 bedrooms, 1 bath, Kitchen, sunroom, living room, dining room, and two decks. The 2nd-floor unit offers 3 bedrooms, 1 bath, newer kitchen, sunroom, living room, dining room and two decks over two floors. The attic space allows for future expansion. Both units have access to laundry in the basement and are occupied by long-term tenants.Both leases are currently under market rent. Conveniently located near Cushing Square, Belmont, and Watertown Square, with easy access to the T for commuting into the city. This property presents a great opportunity to own a solid investment in a desirable neighborhood, with room for future growth. Owner has made updates over the years, see update list attached.
Sale Statistics
Sale Overview
Original List Price:$929,000
Final Sale Price:$953,000
Difference:
+$24,000 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$317
Sale $/sq ft:$325
This property sold for $325 per square foot
Sale Summary
This property sold for 2.6% above the original asking price, indicating strong buyer demand.
With only 12 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1920
Bedrooms
5
Full Bathrooms
2
Living Area
2,930 sq ft
Total Rooms
13
Stories
3
Levels
3
Interior Features
Flooring
Tile, Hardwood
Heating
Hot Water, Natural Gas
Has Heating
Yes
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Range, Dishwasher, Refrigerator, Microwave
Interior Features
Living Room, Dining Room, Kitchen, Sunroom
Basement Details
Concrete, Unfinished
Window Features
Screens
Exterior & Structure
Roof
Shingle
Foundation
Concrete Perimeter
Foundation Area
1,125 sq ft
Exterior Features
Rain Gutters, Stone Wall
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.12 acres
Lot Size
5,053 sq ft
Lot Size Area
0.1200
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Driveway
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Golf, Bike Path, Conservation Area, Highway Access, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$10,507
Tax Year
2024
Tax Assessed Value
$898,000
Parcel Number
M:0420 B:0019 L:0152
Zoning
T
Additional Details
Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
Public record states 4 bedrooms, 5th bedroom is on 3rd floor. All utilities are separate except water.Fully rented until end of July 7/25. Long term tenants, rents are currently under market rent. Seller has not lived in the house for 28 years.
Listing Terms
Contract
Location
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Neighborhood
11-13 Fairview Ave, Watertown MA 02472
Watertown, MA 02472
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$876
Homeowners Insurance$200
PMI$0
Property History
Market Insights
2.5%
Price Range
13
Total Days on Market
Property Timeline
✓
Sold
Dec 6, 2024
$953,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Oct 23, 2024
$929,000
Original listing
Agent: Cody RogersOffice: Coldwell Banker Realty - North Reading
Date
Event
Price
Change
$/sqft
Details
12/06/2024
✓
Sold
$953,000
-
-
Property sold
10/23/2024
🏠
Listed for Sale
$929,000
-
-
Original listing
Price & Status History
Date
Event
Price
Change
Oct 23, 2024
New Listing Added
$929,000
—
Market Statistics
Days on Market
12 days
Price per Sq Ft
$325
Tax History
Year
Taxes
Assessment
2024
$10,507
$898,000
Financial Details
Annual Property Tax
$10,507
Tax Year 2024
Assessed Value
$898,000
Listing Information
Listing AgentCody Rogers
Listing OfficeColdwell Banker Realty - North Reading
