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Legal 3-family Investment Opportunity | Watertown Square & Cushing Square in Belmont! Investors or owner occupants looking to offset expenses with strong existing tenancy. All 3 units, approx. 5,300 SqFt, currently rented generating over $115K/year in rental income. Unit 1: 3-level townhouse-style residence with 3 beds, 2 full baths, central A/C, 4 parking spaces & access to a private fenced-in outdoor space. Unit 2: Bi-level condo-style residence spanning the 2nd & 3rd floors with 3 beds + office, 2 full baths, central A/C in the primary bedroom & 2 parking spaces. Unit 3: 1st floor + lower-level condo-style residence with 1-bedroom, XL bonus room, 1.5 baths & 3 tandem parking spaces. High ceilings & generous storage throughout all 3 units. Separate utilities & private laundry in each unit; common water + shared storage shed. Convenient access to Boston/Cambridge, Newton/Waltham, MBTA bus & nearby Waverley commuter train, close to restaurants, shops, parks/ trails & Charles Riverway.
More Info
Basic Information
- Gross Income $115,200
- Listing Terms Contract
- Lot Features Corner Lot
- Mls StatusNew
- Parcel Number M:0327 B:0017 L:0004,848154
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Tax Information
- Tax Assessed Value $1,477,600
- Tax Year 2025
- Taxes$17,258
School Information
- Elementary SchoolWps
- High SchoolWatertown
- High School Watertown
- Junior HighWps
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Paved
- Parking Spaces9
Rooms
- Bathroom6
- Bathrooms Total Decimal 5.5
- Bedrooms7
- Full Bath5
- Half Baths1
Basic Information
- List Price$1,800,000
- MLS Number73524143
- Modification Date05/26/2026
- Property SubType3 Family
- Virtual TourView Tour
Location
- Address28 Oliver Street
- Building Number28
- CountyMiddlesex
- StateMA
- StreetOliver Street
- TownWatertown
- Zip02472
Building
- Basement
- Concrete
- Finished
- Full
- Interior Entry
- Partially Finished
- Unfinished
- Walk-Out Access
- Building Area Units Square Feet
- FireplaceYes
- Fireplace Features Wood Burning
- Fireplaces Total 1
- FoundationConcrete Perimeter, Stone
- Levels 7
- Patio And Porch Features Porch, Patio
- Rooms21
- Stories7
- Units3
- Utilities For Gas Range, For Electric Dryer, Washer Hookup
- Year Built1900
- Year Built Details Renovated Since
- Year Built Source Public Records
Property
- Acreage0.16
- Other Structures Shed(s)
Interior
- Flooring Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
- Interior Features
- Bathroom With Tub & Shower
- Bathroom with Shower Stall
- Ceiling Fan(s)
- Dining Room
- Family Room
- Kitchen
- Laundry Room
- Living Room
- Mudroom
- Office/Den
- Open Floorplan
- Pantry
- Remodeled
- Stone/Granite/Solid Counters
- Storage
- Upgraded Cabinets
- Upgraded Countertops
- Walk-In Closet(s)
Exterior
- Exterior Features Rain Gutters, Varies per Unit, Garden, Stone Wall
- Fencing Fenced/Enclosed, Fenced
Utilities
- Cooling Central Air, Unit Control, Other
- Electric Circuit Breakers, Individually Metered
- Heat SystemYes
- Heating Baseboard, Natural Gas, Unit Control
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Measured
- Living Area 5,347
- Lot Size Square Feet 7,040
- Lot Size Units Acres
- Square Feet5,347
Amenities
- Amenities
- Bike Path
- Conservation Area
- Golf
- Highway Access
- Medical Facility
- Park
- Pool
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- University
- Walk/Jog Trails
- Appliances IncludedRange, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Freezer, Range Hood
- Other AmenitiesBasement, Fireplace, Garden, Golf, Tennis
Water Body
- Miles to Beach1
- Waterfront Features River,1/2 to 1 Mile To Beach, Beach Ownership(Public)
Legal
- ZoningS-6
Other
- Date Listed05/26/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Erika Tarlow of Coldwell Banker Realty - Boston
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