PACKAGE SALE ONLY: The $1,999,900 list price includes both 153 and 149 Palfrey Street. The properties must be purchased together and will not be sold separately.153 Palfrey Street is an established four-unit residential property offering current rental income and additional potential. The building contains almost 3,000 square feet of living area, 10 rooms and four full bathrooms according to public records.Units 2, 3 and 4 are occupied under written tenant-at-will agreements and currently generate $5,295 in total monthly rent. Unit 1 is vacant and requires renovation, while Unit 4 has been recently updated.Also included is the adjacent property at 149 Palfrey Street, a well-maintained three-bedroom ranch with central air, two fireplaces, an attached garage and substantial lower-level space.For an investor, the package offers five residences across two adjacent parcels with existing income. For an owner-occupant, it provides rental income from four neighboring apartments while preserving the privacy of a detached single-family home. Cross-reference companion MLS Listing IDs 73573985 and 73573995.
$1,999,900
153 Palfrey St, Watertown, MA 02472
4beds
2,914sqft
4 Family
Built in 1880
-- sqft lot
$-- Zestimate®
$686/sqft
$-- HOA
What's special
Two fireplacesCentral airAttached garageFour-unit residential propertyWell-maintained three-bedroom ranchSubstantial lower-level space
- 27 days
- 99
- 6
Zillow last checked:
Listing updated:
Listed by:
Patrick Arone 617-438-5038,
Colonial Realty Associates, LLC 617-977-6025
Source: MLS PIN,MLS#: 73573993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Oil, Steam, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: None, Range, Refrigerator, Freezer, Washer, Dryer, Microwave
- Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
- Storage, Pantry, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Mudroom
- Flooring: Tile, Vinyl, Concrete, Varies, Hardwood, Stone/Ceramic Tile
- Windows: Screens
- Basement: Partial,Interior Entry,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,914
- Total interior livable area: 2,914 sqft
- Finished area above ground: 5,410
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Shared Driveway, Off Street, Assigned
- Uncovered spaces: 6
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony/Deck, Rain Gutters, Stone Wall
- Has view: Yes
- View description: Scenic View(s)
Lot
- Size: 9,500 Square Feet
- Features: Wooded, Easements, Cleared
Details
- Parcel number: M:0327 B:009Y L:0000,848147
- Zoning: S-6
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame, Brick, Stone, Block
- Foundation: Stone, Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Location
- Region: Watertown
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $1,293,900
- Annual tax amount: $15,786
- Date on market: 9/25/2026
- Exclusions: None
- Total actual rent: 5295
Estimated market value
Not available
Estimated sales range
Not available
$2,125/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $1,999,900$686/sqft |
Source: MLS PIN #73573993 Report a problem | ||
| 2/1/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/25/2022 | Listed for rent | $1,400 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02472
Nearby schools
Schools provided by the listing agent
- Elementary: Lowell Elementary
- Middle: Watertown Middle
- High: Watertown High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








