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$1,712,500
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Property Description
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.
Full Property Details
Full Property Details for 28 Oliver St
General
- Sold For: $1,712,500
- Taxes: $17,258 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73524143
- Added to Site: 47 day(s) ago
Rental Information
- Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Interior
- Number of Rooms: 21
- Interior 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Freezer, Range Hood
- Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
- Main - Full Baths: 5
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Year Round: Yes
Exterior
- Exterior Features: Rain Gutters, Varies per Unit, Garden, Stone Wall
- Color: Grey
Parking
- Total Spaces: 9
- Parking Features: Paved Drive, Off Street, Paved
Location
- County: Middlesex
- Driving Directions: Church St. to Oliver St. | Palfrey St. to Pearl St. | Pearl/Oliver Corner
School Information
- Elementary School: Wps
- Middle School: Wps
- High School: Whs
Heating & Cooling
- Cooling Type: Central Air, Unit Control, Other, None
- Heating Type: Baseboard, Natural Gas, Unit Control
- Heating Fuel: Baseboard, Natural Gas, Unit Control
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Connection for Gas Range, Connection for Electric Dryer, Washer Hookup
Structural Information
- Basement: Yes
- Basement Desc.: Full, Finished, Partially Finished, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Stories/Levels: 7
- Square Feet: 5,347
- Sq. Ft. Source: Measured
- Living Area: 5,347 Sq. Ft.
- Year Built: 1900
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: .16
- Frontage: Public
- Fence: Yes
- Lot Features: Corner Lot
- Fencing (Description): Fenced/Enclosed, Fenced
Water Features
- Water Front Desc.: River, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Financial Considerations
- Price Per Sq. Ft.: $320.27
- Tax Amount: $17,258
- Tax Year: 2025
- Terms: Contract
Disclosures and Reports
- Exclusions: Tenants Belongings
- Disclosures/Rstr.: Unit 1 Lease Ending 8/31/26 | Unit 2 & 3 Lease Ending 8/31/27
- Property ID: M:0327 B:0017 L:0004, 848154
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Schools
Schools serving 28 Oliver St
School District:Watertown School District
| Name | Grades | Distance |
|---|---|---|
J.R. Lowell Elementary School 175 Orchard Street, Watertown, MA 02472 | K-5 | 0.4 mi |
Watertown Middle School 68 Waverley Avenue, Watertown, MA 02472 | 6-8 | 0.5 mi |
Watertown High School 50 Columbia Street, Watertown, MA 02472 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28 Oliver St
Date
Details
Price
Change
Source
6/30/2026
Sold
$1,712,500
-4.86%
MLS
5/26/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
28 Oliver St, Watertown, MA 02472 (MLS# 73524143) is a Multi-Family property that was sold at $1,712,500 on June 30, 2026. This property was listed by The David Green Group from our Boston-Back Bay Office.Want to learn more about 28 Oliver St? Do you have questions about finding other Multi-Family real estate for sale in Watertown? You can browse all Watertown real estate or contact a Coldwell Banker agent to request more information.

