63 Church St - Multi-Family FOR SALE


Watertown, MA 02472- Watertown West End
$1,500,000 USD
781-776-4000
63 Church St, Watertown, MA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/14
null | 5.4% Cap Rate

63 Church St
Watertown, MA 02472
Watertown West End


HIGHLIGHTS

  • Access & Connectivity
  • Ideal Suburban Boston Location
  • Local Retail and Dining Options
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 61-63 Church Street in Watertown, MA (the “Property”). The three-story building contains two (2) 3-Bedroom/1-Bathroom duplex style units, one (1) 2-Bedroom/1-Bathroom unit, and one (1) 1-Bedroom/1-Bathroom unit with 5,609 square feet of gross living area and 8,960 square feet of gross area. The Property is situated on a 0.13-acre parcel and offers ample parking with paved driveways on either side of the Property containing six (6) total spaces, with two (2) stand-alone parking spaces and four (4) spaces available in tandem. The Property is well-maintained and situated in a desirable suburban neighborhood with a tranquil feel, increasing value to prospective buyers and increasing tenant demand. With rents below market, the opportunity exists to continue upgrading units and common areas to drive rental rates to the top of the market. The Property is separately metered for electricity, gas powered hot water, forced hot air heating as well as central air-conditioning, which tenants pay directly. 61-63 Church Street is well positioned, just steps from downtown Watertown, offering excellent connectivity to nearby commercial corridors and community amenities. The property benefits from its proximity to Watertown Square, providing access to a variety of retail, dining, and service options, as well as strong public transit connections into Cambridge and downtown Boston. Convenient access to the Massachusetts Turnpike (I-90) and key regional routes such as Arsenal Street and Mount Auburn Street ensures efficient travel throughout Greater Boston. The location combines neighborhood charm with urban accessibility, supporting long-term livability and strong tenant appeal.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.