204 School St
$2,350,000
0.28
Acres
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$2,350,000
0.28
Acres
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Property Description
Rare opportunity to acquire 2 abutting properties being sold as a package, offering 4 rentable units: a well-maintained 3-family home and separate commercial building. The 3-family home features 6 beds, 3 bathrooms, and 3 levels of living space. The property has been well maintained w/ hardwood floors, abundant natural light, excellent ceiling height, and an updated kitchen in Unit 2. Each unit is serviced w/ its own heating system, electrical panel, and hot water tank. The commercial building sits on a T-zoned lot totaling over 7,500 square feet. Potential options include: 2-unit development w/ ADU opportunity or use/rent the building as is…buyers to perform their own due diligence w/ the city. Both properties feature curb cuts, providing sufficient off-street parking. Outstanding location on the bus line and minutes to Arsenal Yards, Charles River, Cambridge and Boston. A unique investment opportunity in highly desirable east Watertown.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1923
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Additional Details
- Zoning: T
- Zoning Description: Legal Non-Conforming
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Fees / Taxes
- Tax Year: 2025
- Taxes: $9,273
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Listing information provided courtesy of Coldwell Banker Realty - Belmont.
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