23 Phillips Street

Watertown, MA 02472

$1,200,000
Last Sold Price
6
Beds
3
Baths
3,580 Sq. Ft.
$335 / Sq. Ft.
3,580
Sq. Ft.
$335
per Sq. Ft.

Description

Impeccable turnkey INVESTMENT THREE-FAMILY property in desirable commuter location. This fully RENTED opportunity has three separate 2 bedroom units full of character combined with modern updates. Since 2013, the property has been improved with HIGH EFFICIENCY heating systems, brand new ELECTRICAL, conversion from oil to gas, BRAND NEW garage, updated bathroom fixtures, replacement WINDOWS and UPDATED KITCHENS. Coin-operated laundry in the basement and so much more. Located one block from the bus...Impeccable turnkey INVESTMENT THREE-FAMILY property in desirable commuter location. This fully RENTED opportunity has three separate 2 bedroom units full of character combined with modern updates. Since 2013, the property has been improved with HIGH EFFICIENCY heating systems, brand new ELECTRICAL, conversion from oil to gas, BRAND NEW garage, updated bathroom fixtures, replacement WINDOWS and UPDATED KITCHENS. Coin-operated laundry in the basement and so much more. Located one block from the bus to Harvard Square, 0.5 miles to the Express Bus to Boston and a short drive to the Mass Pike and Storrow Drive – this is a commuter’s dream. In evolving Watertown, this property is a short distance to the Arsenal Yards development and their restaurants, grocery store and entertainment options. Don’t miss out on this incredible INVESTMENT opportunity.
  1. Listed by The Madden Team • Berkshire Hathaway HomeServices Commonwealth Real Estate
  2. Listed by John M. Madden • Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details for 23 Phillips Street

Town
Watertown
Area
MA-Watertown
Garage Spaces
2
Parking Spaces
6.00
Parking Spaces Total
8

Location

Listing Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate, The Madden Team; Berkshire Hathaway HomeServices Commonwealth Real Estate, John M. Madden

Sold By Coldwell Banker Realty - Belmont, Albert Bouchie

Add your commute
LISTING UPDATED: 08/06/2022 06:59 AM

Property Details for 23 Phillips Street

StatusSold
MLS #72371798
Days on Market7
Taxes$13,087 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate, The Madden Team; Berkshire Hathaway HomeServices Commonwealth Real Estate, John M. Madden

Sold By Coldwell Banker Realty - Belmont, Albert Bouchie

Add your commute

Building Information for 23 Phillips Street

Stories6Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,288 SF

Payment Calculator

$7,639 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,091

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 23 Phillips Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 3580.0
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Hosmer
  • High School: Watertown
  • Middle School: Watertown
Features
Interior Features
  • Appliances: Washer, Dryer, Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Unit 3(Range, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Basement Features: Full, Walk Out, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceFeatures: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Features: Unit 1(Pantry, Bathroom With Tub & Shower), Unit 2(Pantry, Unit 3(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room, Sunroom), Unit 3 Rooms(Living Room
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Porch, Porch - Enclosed
  • Patio And Porch Features: Porch, Enclosed
  • Roof Material: Slate
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Assigned, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Assigned, Paved Driveway
  • Parking Features: Off-Street, Assigned, Paved Driveway
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(Heat Pump)
  • Cooling: No
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Heat Pump)
  • Heating: Yes
  • Sewage District: MWRA
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: See Attached Seller Disclosure with Detailed Improvements Addendum; Apartments Are Leased through June/July/August of 2019
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:1012 B:0003 L:0000,852784
  • Assessments: $971,600
  • Block: 0003
  • Book: 61711
  • Lot: 0000
  • Map: 1012
  • Tax Year: 2018
  • Zoning: SC
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 1
  • Cooling Zones: 1
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $78,600.00
  • GRE: $25,100
  • NOI: $53,500.00
  • Operating Expense: $25,100.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 2.5%

Property History for 23 Phillips Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Phillips Street

Taxable ValueLand$455,900Additions$846,400Total$1,302,300
Tax Record2023$17,685 ($1,474 / month)
Home Facts
Baths3Total Finished SqFt3,580 SqFtAbove Grade Finished SqFt3,580 SqFtUnfinished Basement SqFt1,354 SqFtStories3Lot Size5,288 SqFtStyleTriplexYear Built1900ZoningSCCountyMIDDLESEXAPNWATE M:1012 B:0003 L:0000Fireplace TypeHas Fireplace

Schools near 23 Phillips Street

This home is within Watertown School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hosmer Elementary School
PublicPK to 5

Watertown Middle School
Public6 to 8

Watertown High School
Public9 to 12

J.R. Lowell Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate, The Madden Team; Berkshire Hathaway HomeServices Commonwealth Real Estate, John M. Madden

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.