$3,900,000
108 Water St
Watertown, MA, 02472
Don’t miss out on this rare opportunity to invest in a value-add property located in one of Boston’s hottest suburbs. With strong rental history and booming local economy, this boutique property offers incredible potential for investors and owner-users alike. Spanning approximately 21,600 square feet on 19,428 square foot of land, this property is zoned for office, lab, and other hi-tech uses. With low market rents, there is tremendous upside for rental income growth. On-site parking ensures convenience for tenants and visitors. Located adjacent to the Charles River walking and cycling paths, this property offers easy access to Boston, Cambridge, and the Mass Turnpike. The surrounding area boasts a vibrant and thriving community, making it an attractive destination for businesses and residents. Offered for the first time in a generation, this property presents an exceptional opportunity for investors and owner-users.
Property Details
Price:
$3,900,000
MLS #:
73211295
Status:
Active
Beds:
0
Baths:
8
Address:
108 Water St
Type:
Commercial
City:
Watertown
Listed Date:
Feb 20, 2024
State:
MA
Finished Sq Ft:
21,600
ZIP:
02472
Lot Size:
19,445 sqft / 0.45 acres (approx)
Year Built:
1963
Schools
Interior
Exterior
Parking Spots
30
Financial
Buyer Agent Compensation
2%
Tax Year
2024
Taxes
$34,228
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
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Courtesy of W. J. Nealon Commercial Realty, Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
108 Water St
Watertown, MA
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