34 Irma Ave Watertown — Photo 1 of 42
Recent Drop: $64,000
$1,375,000
Investment Analysis — 34 Irma Ave
Watertown, MA 02472 — East Watertown
Based on rent reported on the MLS listing, a 3-unit multi-family in 02472 carries $4,500/mo in gross rent — about a 1.87% cap rate and $25,702/yr in estimated NOI at the $1,375,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,643
Style
3 Family
Built
1910
Fantastic opportunity for an owner-occupant or investor to own a rarely available three-family in highly desirable East Watertown/Coolidge Square! Great curb appeal in a prime location! The first-floor unit features 2 bedrooms, 1 bath, an updated kitchen, recessed lights, in-unit laundry, and central air. The second and third-floor units each offer 2 bedrooms, 1 bath, private balconies and gas heat, with the third floor being recently refreshed. Hardwood floors run throughout, with additional laundry and ample storage in the basement. Two driveways provide abundant off-street parking. Brand new roof recently installed. Excellent upside potential, as rents are well below market value. Conveniently located near public transportation with easy access to Cambridge and Boston. Enjoy nearby restaurants, shops, international markets, and Arsenal Yards. A rare investment opportunity in one of Greater Boston's most sought-after neighborhoods!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Oven • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$1,375,000
Was $1,399,000
Aug 4, 2026
MLS® 73546257
$1,399,000
Was $1,439,000
Jul 21, 2026
MLS® 73546257
$1,439,000
Jul 8, 2026
MLS® 73546257
Listing Agent: Chris Kavakian
Listing Office: CK Realty Group LLC
MLS® Number: 73546257