CCertihomes
123-127 Galen Street, Watertown, MA 02472

$1,600,000

0 beds 0 baths Built 1945Active

About this home

Presenting two exceptional fully leased retail spaces at 123 and 127 Galen Street, strategically positioned at a prominent intersection between Watertown Square and Newton Corner. These prime commercial properties boast long-term tenancy, with one housing a thriving pizza shop and the other serving as a key location for the USPS. Positioned in a high-visibility area, these fully tenanted spaces offer an unparalleled investment opportunity in a bustling commercial corridor. Ideal for investors seeking a stable and income-generating portfolio, these retail locations underscore their desirability with a strategic location and reliable, established tenants, contributing to the vibrant commercial landscape of Galen Street.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$11,053/mo

Real estate (PITI + HOA + PMI)
$10,983
Principal + interest$7,257
Property tax + insurance$3,126
PMI / 2nd mortgage$600
Utilities
$908
Heating + cooling$292
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$11,053/mo TLC
Budget$11,553/mo
Remaining after TLC$500/mo
Purchase price
$1,600,000
Down payment
$80,000 (5%)
Loan amount
$1,520,000
APR
4%

Quick facts

Type
COM
Style
Year built
1945
Lot size
0.08 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$15,488
MLS #
73197360
County
Middlesex

Neighborhood — 02472

MetricThis ZIPCountyUSA
Population32,5236,444,931299,088,112
Population Change Since1990-3.00%7.00%20.00%
Population Density7,763786
Male15,2463,127,134147,432,321
Female17,2773,317,797151,655,844
Never Married11,8691,612,88563,775,926
Married11,4782,586,314123,120,365
Separated1,285247,85712,639,686
Widowed2,254363,59415,467,586
Divorced1,786436,88823,075,029
Number Of House Hold14,3252,431,591111,826,380
Average House Hold Size2.182.562.60
Medial Age38.3237.2535.46
Median House Hold Income$68,864$57,698$48,276
Average House Hold Income$90,271$75,023$63,629
P C I$41,459$29,196$24,529
M D I$56,367$48,105$41,133
A T H E$65,204$57,083$50,898
S T R5.00%5.00%
W C J73.32%81.38%77.74%
(Zip) Code
2472

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →
MLSPIN

Listing information last refreshed 1/29/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.

123-127 Galen Street · Watertown — $1,600,000 · Certihomes