101-103 Morse Street, Watertown, MA
Office for Sale - $4,800,000 - 30,000 Sq. Ft. on 0.71 acres
Property Info
| CIMLS# | 94322 |
| Location 101-103 Morse Street Watertown MA 02472 | |
| Updated | February 24th, 2009 |
| Type | Office |
| Price | $4,800,000 |
| Building | 30,000 Sq. Ft. |
| Land | 0.71 acres |
Property Description
RARE INVESTMNENT OPPORTUNITY: Complete Package Includes Centrally Located 30,000 SF 4 Story Office Bldg. 90% SF Rented. 8.4% Cap Rate. Long Term Leases & Escalating Rents. Large Lot w/55+ Car Parking. Substantially Renovated in 2005 w/ Over $2.5MIL Dollars in Renovations including Electrical, Plumbing, Sprinklers, Roof & New Elevator. Morse St. runs off Rt. 16; near Watertown Sq, Charles River & Boston Express Bus. Easy Access Downtown via Pike Rt. 90 & connecting Rts. 95/128. Turnkey Property.
Financials
Financials Available. Gross Annual Expenses Includes The Real Estate Taxes. Tenants Pay All Their Own Utilities and Expenses. Net Operating Income: $403,192. Call Gene Hashkes at(617) 270-9040 or email ghashkes@comcast.net.