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.
Sold for $1,712,500
$1,712,500
28 Oliver St, Watertown, MA 02472
7beds
5,347sqft
3 Family
Built in 1900
-- sqft lot
$1,783,900 Zestimate®
$320/sqft
$3,121 Estimated rent
Home value
$1,783,900
$1.69M - $1.87M
$3,121/mo
Zestimate® history
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$3,121/mo
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$3,121/mo
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$8,681/mo
Est. payment
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$8,681/mo
Est. payment
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Shared storage shedXl bonus roomPrivate fenced-in outdoor spaceHigh ceilings
Zillow last checked:
Listing updated:
Listed by:
Erika Tarlow 978-505-9991,
Coldwell Banker Realty - Boston 617-266-4430
Bought with:
The David Green Group
Coldwell Banker Realty - Boston
Source: MLS PIN,MLS#: 73524143
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Baseboard, Natural Gas, Unit Control
Cooling
- Central Air, Unit Control, Other, None
Appliances
- Included: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Freezer, Range Hood
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den, Family Room
- Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
- Basement: Full,Finished,Partially Finished,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 5,347
- Total interior livable area: 5,347 sqft
- Finished area above ground: 3,980
- Finished area below ground: 1,367
Property
Parking
- Total spaces: 9
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 9
Features
- Patio & porch: Porch, Patio
- Exterior features: Rain Gutters, Varies per Unit, Garden, Stone Wall
- Fencing: Fenced/Enclosed,Fenced
- Waterfront features: River, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 7,040 sqft
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: M:0327 B:0017 L:0004,848154
- Zoning: S-6
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Concrete Perimeter, Stone
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
Location
- Region: Watertown
HOA & financial
Other financial information
- Total actual rent: 9600
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $1,712,500-4.9%$320/sqft |
Source: MLS PIN #73524143 Report a problem | ||
| 6/16/2026 | Pending sale | $1,800,000$337/sqft |
Source: MLS PIN #73524143 Report a problem | ||
| 5/26/2026 | Listed for sale | $1,800,000+41.2%$337/sqft |
Source: MLS PIN #73524143 Report a problem | ||
| 11/30/2017 | Sold | $1,275,000-1.9%$238/sqft |
Source: Public Record Report a problem | ||
| 10/17/2017 | Price change | $1,299,999-4.7%$243/sqft |
Source: Greater Metropolitan R. E. #72209046 Report a problem | ||
| 10/6/2017 | Price change | $1,364,000-1.1%$255/sqft |
Source: Greater Metropolitan R. E. #72209046 Report a problem | ||
| 9/30/2017 | Price change | $1,379,000-0.7%$258/sqft |
Source: Greater Metropolitan R. E. #72209046 Report a problem | ||
| 9/22/2017 | Price change | $1,389,000-0.7%$260/sqft |
Source: Greater Metropolitan R. E. #72209046 Report a problem | ||
| 9/14/2017 | Price change | $1,399,000-5.8%$262/sqft |
Source: Greater Metropolitan R. E. #72209046 Report a problem | ||
| 8/4/2017 | Listed for sale | $1,485,000+24.3%$278/sqft |
Source: Greater Metropolitan R. E. #72209046 Report a problem | ||
| 6/29/2017 | Sold | $1,195,000+309.2%$223/sqft |
Source: Public Record Report a problem | ||
| 11/16/1992 | Sold | $292,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,258 +0.6% | $1,477,600 +0.8% |
| 2024 | $17,150 -9.8% | $1,465,800 +4.7% |
| 2023 | $19,009 +7.1% | $1,399,800 +4.5% |
| 2022 | $17,755 +13.6% | $1,340,000 +5% |
| 2021 | $15,626 +1.3% | $1,275,600 +0.4% |
| 2020 | $15,420 +0.6% | $1,270,200 +6.7% |
| 2019 | $15,331 +13.2% | $1,190,300 +18.4% |
| 2018 | $13,545 +6.9% | $1,005,600 +10.3% |
| 2017 | $12,666 +7.5% | $911,900 +5.9% |
| 2016 | $11,784 +11.3% | $861,400 +22.3% |
| 2015 | $10,587 +2.8% | $704,400 +2.3% |
| 2014 | $10,301 +1.9% | $688,600 |
| 2013 | $10,109 +5% | $688,600 +2.9% |
| 2012 | $9,632 +7.4% | $668,900 +3.8% |
| 2011 | $8,969 +7% | $644,300 +2.4% |
| 2010 | $8,379 -3.3% | $629,500 -11% |
| 2009 | $8,661 +1.7% | $707,600 -5.4% |
| 2008 | $8,520 -0.3% | $748,000 -8.6% |
| 2007 | $8,549 +1.4% | $818,100 +8.4% |
| 2006 | $8,430 +23.1% | $754,700 +20.2% |
| 2005 | $6,849 +10.6% | $627,800 +4.9% |
| 2004 | $6,194 +5.5% | $598,500 +29% |
| 2003 | $5,871 +6.2% | $464,100 +5% |
| 2002 | $5,529 +15.5% | $442,000 +23.6% |
| 2000 | $4,787 +2.7% | $357,500 +9% |
| 1999 | $4,661 | $328,000 |
Find assessor info on the county website
Neighborhood: 02472
Nearby schools
GreatSchools rating
- 8/10J.R. Lowell Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Watertown Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Watertown High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Wps
- Middle: Wps
- High: Whs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,783,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,783,900
- Massachusetts
- Middlesex County
- Watertown
- 02472
- 28 Oliver St
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