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    61-63 Church St Watertown, MA 02472

    For Sale
    $1,500,000

    Well-maintained four-unit property near downtown Watertown.

    Lot size:
    0.13 Acres

    Property Features for 61-63 Church St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1890

    Source: Horvath & Tremblay Agent Dennis Kelleher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Watertown Multifamily Investment Opportunity

    The property at 61-63 Church St features a total of four units: two 3-bedroom/1-bath duplex-style units, one 2-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. It offers ample parking with paved driveways on either side, providing six total spaces, including two stand-alone spaces and four tandem spaces. Situated in a desirable suburban neighborhood with a tranquil feel, the property is well-maintained. It is located just steps from downtown Watertown, offering excellent connectivity to nearby commercial corridors and community amenities. The property is separately metered for electricity, gas-powered hot water, forced hot air heating, and central air-conditioning, with tenants paying these utilities directly. There is an opportunity to continue upgrading units and common areas to potentially increase rental rates.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1836606
    Latitude
    42.3682469

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property near downtown Watertown.
    Where is this quadplex located?
    The property is located at 61-63 Church St Watertown, MA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime location steps from downtown Watertown, offering excellent connectivity to commercial corridors and community amenities.; - Four units: (2) 3-Bed/1-Bath, (1) 2-Bed/1-Bath, and (1) 1-Bed/1-Bath.; - Ample parking with 6 total spaces.
    (781) 776-4002
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    61-63 Church St Watertown, MA 02472
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    Watertown, MA 02472
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61-63 Church St Watertown, MA 02472
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