Exceptional opportunity in desirable East Watertown! This vacant two-family is ideal for an owner-occupant looking to offset a mortgage with rental income or an investor seeking a well-maintained property in a prime location. Each unit offers 2 bedrooms and 1 bath, blending classic charm with numerous updates. The first-floor unit features an updated kitchen and bath, refinished hardwood floors, replacement windows, newer appliances, and a new hot water heater (2025). Recent improvements include exterior painting, replacement attic windows, updated electrical with separate services and whole-house surge protection, chimney repairs and repointing, new front railings and storm door, plus replacement windows in portions of the second-floor unit. Enjoy a detached two-car garage, fenced backyard, covered porches, and French drains. Conveniently located directly across from the new Watertown High School and just minutes from Arsenal Yards, shopping, dining, public transportation and highways
Under contract
$1,149,900
20-22 Franklin St, Watertown, MA 02472
4beds
2,330sqft
2 Family - 2 Units Up/Down
Built in 1935
-- sqft lot
$-- Zestimate®
$494/sqft
$-- HOA
What's special
Replacement windowsCovered porchesDetached two-car garageFrench drainsRefinished hardwood floorsNewer appliancesChimney repairs and repointing
- 15 days |
- 809 |
- 32 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Scarlett Tamburro 617-281-2911,
Compass 617-206-3333
Source: MLS PIN,MLS#: 73541847
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer, Dryer, Dishwasher
Features
- Pantry, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Walk-Up Attic, Living Room, Dining Room, Kitchen, Laundry Room, Family Room, Sunroom
- Flooring: Hardwood
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,330
- Total interior livable area: 2,330 sqft
- Finished area above ground: 2,330
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Enclosed, Deck, Patio
- Exterior features: Balcony/Deck, Garden
- Fencing: Fenced/Enclosed,Fenced
Lot
- Size: 4,057 Square Feet
- Features: Wooded
Details
- Parcel number: 852946
- Zoning: n/a
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Block
Condition
- Year built: 1935
Utilities & green energy
- Electric: 60 Amps/Less
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Medical Facility, Private School, Public School
Location
- Region: Watertown
Financial & listing details
- Price per square foot: $494/sqft
- Tax assessed value: $938,000
- Annual tax amount: $11,466
- Date on market: 6/25/2026
- Total actual rent: 6000
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Contingent | $1,149,900$494/sqft |
Source: MLS PIN #73541847 Report a problem | ||
| 6/25/2026 | Listed for sale | $1,149,900$494/sqft |
Source: MLS PIN #73541847 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 02472
Nearby schools
GreatSchools rating
- 7/10Hosmer Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Watertown Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Watertown High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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Contact agent
- Massachusetts
- Middlesex County
- Watertown
- 02472
- 20-22 Franklin St