44-46 Prescott, Watertown, MA, 02472 | $1,350,000

OPPORTUNITY!! Use your creative vision to transform this property into something even more remarkable. Whether you are a builder, developer, investment buyer or looking for a multifamily purchase. Located in a highly sought-after neighborhood, within walking distance of Main Street and all it offers- including public transit options. The property features an abundance of off-street parking and not your average spacious yard, this bonus could be viewed as underutilized space. The possibilities here are awesome! Also not to forget the underutilized space within the units themselves as well as in the basement. Public record classifies this as 4 beds but use your creativity as The 1st floor includes kitchen, 1 bath, dining room, living room, and 2 bedrooms. The 2nd floor includes kitchen, living room, dining room, 2 beds, 1 bath, back sunroom, a front room den that leads to the front porch and the entrance to the attic with another guest sitting room and separate storage room.

Features

  • Rooms: 13
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 2
  • Year Built: 1910
  • Heating: Natural Gas
  • Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Unfinished
  • Approx Sq. Feet: 2,845
  • Acreage: 0.18
  • Est. Taxes: $10,503
  • MLS#: 73240960
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /raveis/73240960/4446prescott_watertown_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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617.721.6922

Jennifer.Warchal@Raveis.com

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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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44-46 Prescott, Watertown, MA, 02472

$1,350,000

Jennifer Warchal

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.721.6922

Jennifer.Warchal@Raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $875 $875 $875
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,048 $6,650 $8,968
Total Monthly Payment $7,048 $7,650 $9,968

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.