Rare opportunity to acquire a standalone commercial property in a highly desirable east Watertown. Offering excellent visibility and exposure, this versatile building features 5 rooms, 2 half bathrooms. The property is well-suited for a variety of business or investment uses. Situated on a T-zoned lot of more than 7,500 square feet, the property presents future redevelopment potential. The existing building also offers the flexibility to continue its current use or generate rental income as an investment property. Possible opportunities may include a two-unit residential development with an accessory dwelling unit (ADU). Buyers are encouraged to perform their own due diligence. A double-width driveway provides ample off-street parking, adding convenience for occupants, clients, or tenants. The location is exceptional, w/ public transportation and easy access to Arsenal Yards, the Charles River, Cambridge, Boston.
Lot Description:
Corner Lot, Gentle Sloping
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School
443 Mount Auburn St, Watertown, MA, 02472
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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