Re: 7-9 Wilson Avenue, Watertown, MA

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Cerise Jacobs

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Mar 31, 2013, 3:13:05 PM3/31/13
to zchri...@hammondre.com, RE
Yes, I agree.  Can we see it Monday?
Cerise

--- On Sun, 3/31/13, Zachary Christman <pin...@mlspin.com> wrote:

From: Zachary Christman <pin...@mlspin.com>
Subject: 7-9 Wilson Avenue, Watertown, MA
To: cerise...@yahoo.com
Date: Sunday, March 31, 2013, 1:05 PM

Have a friend who works for another real estate company and he told me about this Coming on to the market this week for $490,000. Two 2bed/1baths. This is screaming flip into condos. I think this presents tremendous value. 3 decks, attic space to add to one of the units or make a 3rd.

Zachary Christman
Sales Associate
zchri...@hammondre.com
http://zacharychristman.myhammondagent.com/
Mobile: 617-821-0222
Office: 617-731-4644 Ext 344
Fax: 617-284-6277
To see Hammond's latest on-line, interactive magazine, go to: www.HammondMagazines.com



MLS # 70823256 - Sold
Multi Family - 2 Family
7-9 Wilson Avenue List Price: $489,900
Watertown, MA 02472 Sale Price: $468,000
Middlesex County
Color: yellow
Total Floors: 2 Total Rooms: 10
Total Units: 2 Total Bedrooms: 4
Total Rent: $1,200 Total Bathrooms: 2f 0h
Grade School: Lowell Total Fireplaces: 0
Middle School: Middle
High School: High
Directions: off Belmont Street
Remarks
Classic two family in the much sought after Victory Field area and Lowell School District. This lovely home features central air, updated kitchens and baths, vinyl windows, hardwood floors, enclosed porches, formal dining room, garage, walk up attic and full basement. The property sits on the Belmont line and is handy to bus and shopping. No showings until Open House 9-21 from 12-2
Property Information
Approx. Living Area: 2272 sq. ft. Approx. Acres: 0.11 (4892 sq. ft.) Garage Spaces: 2
Living Area Includes: Heat/Cool Zones: 2/2 Parking Spaces: 4  Off-Street
Living Area Source: Public Record Heat/Cool Units: 2/2 Approx. Street Frontage:
Living Area Disclosures:
Annual Expenses
Heating: $ Repair & Maintenance: $ Management: $ Gross Income: $12000
Gas: $ Trash Removal: $ Miscellaneous: $ Gross Expenses: $0
Electricity: $ Sewer: $ Ann. Prop. Oper. Data: No Net Income: $12000
Water: $ Insurance: $ Annual Expense Source: --  
Unit Descriptions
Unit #1
Rooms: 5 Bedrooms: 2 Bathrooms: 1f 0h Fireplaces: 0 Levels: 1 Floor: 1 Rent: 1200 Lease: No
Rooms: Living Room, Dining Room, Kitchen
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Heating: Central Heat, Hot Water Baseboard, Oil
Cooling: Central Air
Unit #2
Rooms: 5 Bedrooms: 2 Bathrooms: 1f 0h Fireplaces: 0 Levels: 1 Floor: 2 Rent: 0 Lease: No
Rooms: Living Room, Dining Room, Kitchen
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Walk-Up Attic
Heating: Central Heat, Hot Water Baseboard, Oil
Cooling: Central Air
Features
Basement: Yes   Full, Walk Out, Interior Access, Concrete Floor
Beach: No
Construction: Frame
Electric: 100 Amps, Individually Metered
Energy Features: Insulated Windows
Exterior: Vinyl
Exterior Features: Porch - Enclosed, Patio, Gutters
Flooring: Wood, Tile
Foundation Size: 44x26
Foundation Description: Poured Concrete
Hot Water: Oil, Tankless
Lot Description: Paved Drive
Road Type: Public, Publicly Maint.
Roof Material: Asphalt/Fiberglass Shingles
Sewer Utilities: City/Town Sewer
Terms: Contract for Deed
Utility Connections: for Gas Range, Washer Hookup
Water Utilities: City/Town Water
Waterfront: No
 
Other Property Info
Adult Community: No
Disclosure Declaration: Yes
Disclosures: 1st flr rent reduced by $200 /month for landscaping and snow removal. 2nd fl vacant last rent $1375
Exclusions:
Lead Paint: Unknown
UFFI: Unknown  Warranty Features: No
Year Built: 1915  Source: Public Record
Year Built Description: Approximate
Year Round: Yes
Short Sale w/Lndr.App.Req: Unknown
Lender Owned: Undisclosed
Tax Information
Pin #:
Assessed: $560,200
Tax: $6381  Tax Year: 2008
Book: 796  Page: 189
Cert:
Zoning Code: T
Map:   Block:   Lot:
Market Information
Listing Date: 9/19/2008  Listing Market Time: MLS# has been on for 20 day(s)
Days on Market: Property has been on the market for a total of 20 day(s)  Office Market Time: Office has listed this property for 20 day(s)
Expiration Date:  Cash Paid for Upgrades: 
Original Price: $489,900 Seller Concessions at Closing: 
Off Market Date: 10/9/2008 Financing: Conv. Fixed
Sale Date: 11/21/2008
Sale Price: $468,000




Market History for 7-9 Wilson Avenue, Watertown, MA 02472
  MLS #  Date      DOM  Price 
70823256   9/19/2008  Listed for $489,900    
$489,900 
 UAG 10/9/2008  Status Changed to: Under Agreement        
 SLD 11/24/2008  Status Changed to: Sold        
  11/21/2008  Sold for $468,000      20  $468,000 
Market History for Office Id: BB0950   20  $468,000 
Market History for this property    20 $468,000 


















The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content ©2013 MLS Property Information Network, Inc.

Zachary Christman

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Mar 31, 2013, 4:06:17 PM3/31/13
to Cerise Jacobs, RE
They underpriced it which is a good thing and a bad thing. Because their will be a ton of offers. I will research the max value of 2 bed condos flipped so we are prepared with our max number. Cash and a quick close will make a difference. Plus this could be a good starting point for the team.

Cerise Jacobs

unread,
Mar 31, 2013, 4:38:41 PM3/31/13
to Zachary Christman, RE
TX!!!!!

--- On Sun, 3/31/13, Zachary Christman <zchri...@hammondre.com> wrote:
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