Two-Unit
745/ 747 Mount Auburn St, Watertown, MA 02472
For Sale
New
$1,500,000
Both residences are occupied by tenants at will and have separate water meters, with off-street parking on site.
Property Size3,050 SF
Price / SF$491.80
Days on Market4
Property Features for 745/ 747 Mount Auburn St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Road Access
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Gross Income
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
off-street parking
Lead Certification Available
Bathroom With Tub & Shower
Floored Attic
Walk-Up Attic
Heated Attic
Pantry
Walk-In Closet(s)
Bathroom with Shower Stall
Living Room
Dining Room
Kitchen
Family Room
Sunroom
Building Details
Building Size
Year Built
Stories
Units
Tenancy
Listing Agency:
Zander Realty Group
(617) 470-7717
Listed By:
Jonathan Vaughn
(310) 272-4332
Source:
Isosrealty
Added: Nov 11
Last Checked: Nov 13 at 1:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zander Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 745–747 Mount Auburn Street in Watertown, this 3,050-square-foot duplex was built in 1925. The property is zoned LB and includes two occupied residences, separate water meters, off-street parking, and deleaded status. The sale is offered in as-is condition.
Key Highlights
- Two‑unit property with both residences occupied by tenants at will
- 3,050 square feet; built in 1925
- Separate water meters for the residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,539
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,780
$1.3M
Cap Rate 7%
$921,986
$922.0K
Cap Rate 9%
$717,100
$717.1K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$97.0K $31.80/SF
− Vacancy
−$4.8K −$1.57/SF
EGI
$92.2K $30.23/SF
− OpEx
−$27.7K −$9.07/SF
NOI
$64.5K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,780
Cap Rate 7%
$921,986
Cap Rate 9%
$717,100
Alternative Uses
Best Use
Multifamily LT 5
$922.0K
$806.7K – $1.08M
NOI $64,539 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$866.9K
$758.6K – $1.01M
NOI $60,685 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,391 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,164
Businesses Nearby
Explore this area
Business Placement
Demographics for 02472, MA
35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Watertown, MA
Properties on Market for Duplexes in Watertown
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied by tenants at will and have separate water meters, with off-street parking on site.
Where is this duplex located?
The property is located at 745/ 747 Mount Auburn 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: Two‑unit property with both residences occupied by tenants at will; 3,050 square feet; built in 1925; Separate water meters for the residences
