38 Carey Avenue, Unit 3 presents an excellent investment or first-time buyer opportunity in Watertown. This first-floor, two-bedroom, one-bath condominium offers approximately 600 square feet of efficient, single-level living. The unit has a strong rental history, consistently achieving rents above market averages for comparable properties, making it an appealing choice for investors seeking reliable returns in a high-demand area. For buyers looking to occupy, the property provides a manageable scale and the chance to build equity while enjoying a desirable location. Built in 1957, the home combines the character of a mid-century building with the flexibility to update and personalize. The layout is practical, with well-sized bedrooms and a functional bath, creating a comfortable home or easy-to-maintain rental. Located near schools, shopping, dining, and commuter routes, the property offers excellent convenience and long-term appeal. Whether securing steady income or establishing a fi
Property Features
Bedrooms
Other Rooms
- Total Rooms: 5
- Entry Foyer Level: 1
- Basement Description: N
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Heating and Cooling
- Heating Features: Forced Air, Natural Gas
- Heating: Yes
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 350
- Association Fee Frequency: Monthly
- Association Fee Includes: Heat, Gas, Water, Sewer, Maintenance Structure, Snow Removal
- Calculated Total Monthly Association Fees: 350
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 4372
- Source Listing Status: New
- County: Middlesex
- Directions: See Google.
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: 850098
- Zoning: R.75
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Year Built: 1957
- Building Area Total: 600
- Building Area Units: Square Feet
- Property Age: 68
- Levels or Stories: 1
- Structure Type: Low-Rise
- Year Built Details: Renovated Since
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer
- Water Source: Public