Fix And Flip Cash Flowing

Excellent Income Opportunity - Affordable Multifamily in Watertown, MA.

244 Sycamore St, Watertown, MA 2472

$700,000 After Repair Value -
$599,000 Asking Price -
$60,000 Cost of Repairs =
$41,000 Potential Profit

Property Details

Asking Price $599,000

After Repair Value $700,000

Costs of Repairs $60,000

Potential Profit $41,000

Living Area 1576 ft2

Property Type Multi-Family

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $43,200

Yearly Expenses N/A

Property Taxes $7,307

Net Operating Income N/A

Cap Rate N/A

Property Description

Unheard of price for multi-family in Watertown! This is your chance to get into hot Watertown market and start building equity. Start collecting rent now - very strong rental history. First-floor unit (1br, 1ba) features granite countertops, new SS appliances and hardwood floors. Second unit (2/3br, 1ba) features two floors of living space, office, large kitchen, spacious sunny living room, private deck. All new windows throughout. Great commuter location - close proximity to Waverly Station (73 bus to Harvard Sq and Fitchburg Commuter Rail line) as well as the 554 bus to Downtown via Newton corner. Some TLC & updates needed. Being sold As-Is. Ready for your vision!Note: Property doesn\'t have own driveway. Plenty of convenient on-street parking options, or opportunity to take out front lawn to create spots.

Repairs Needed

Older systems & roof.

CONTACT LISTING OWNER

Noelle Domeniconi

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