OPPORTUNITY KNOCKS - ATTN SAVVY INVESTORS & OWNER OCCUPANTS - Rare opportunity to build equity quickly in this classic New England 2 family style home. RARE WATERFRONT HOME in exceptional location, overlooking the Charles River and just a stone's throw from the Watertown Boat Yard. Fabulous area especially for those who enjoy being outdoors in nature - including water sports/recreation such as kayaking and boating or biking/walking/jogging alongside the Charles. Either way, you have direct access to both, just steps from your front door. Although you'll have a bit of updating to do, some major items have already been taken care of. This includes a new roof (2026), new water heaters for both units (2026), new plumbing in both baths including new stack (2026), refinished flooring in unit 2, both Burnham heating units have been serviced recently and are in good working order. Each unit gets 2 tandem off street parking, including 1 garage spot EACH. Easy commuter access to Harvard/Cambridge, downtown Boston & Brighton. Leave the car, take the bike along the Charles River bike path, minutes to the New Arsenal Yards for shopping and dining. Great layouts, sunroom/office area overlooking the Charles, beautiful decorative fireplaces in each unit, on a corner lot with outstanding parking options are just some of the core features adding to the untapped potential of this home.
Pending
$950,000
326-328 Charles River Rd, Watertown, MA 02472
5beds
2,484sqft
2 Family - 2 Units Up/Down
Built in 1926
-- sqft lot
$948,000 Zestimate®
$382/sqft
$-- HOA
What's special
Corner lotOverlooking the charles riverRare waterfront homeOutstanding parking optionsGreat layouts
- 6 days
- 844
- 52
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michelle Joslin-Chaves 781-760-7865,
Leading Edge Real Estate 781-979-0100
Source: MLS PIN,MLS#: 73588201
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Flooring: Hardwood, Wood
- Basement: Full
- Number of fireplaces: 2
Interior area
- Total structure area: 2,484
- Total interior livable area: 2,484 sqft
- Finished area above ground: 2,484
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Porch
- Has view: Yes
- View description: Water, River
- Has water view: Yes
- Water view: River,Water
- Waterfront features: Waterfront, River
Lot
- Size: 5,662 Square Feet
- Features: Corner Lot
Details
- Parcel number: 852437
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Other
Condition
- Year built: 1926
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University
Location
- Region: Watertown
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $1,008,400
- Annual tax amount: $12,302
- Date on market: 10/9/2026
- Total actual rent: 0
Estimated market value
$948,000
$901,000 - $995,000
$4,223/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Pending sale | $950,000$382/sqft |
Source: MLS PIN #73588201 Report a problem | ||
| 10/8/2026 | Listed for sale | $950,000+287.8%$382/sqft |
Source: MLS PIN #73588201 Report a problem | ||
| 9/13/1993 | Sold | $245,000-2%$99/sqft |
Source: Public Record Report a problem | ||
| 8/17/1989 | Sold | $250,000$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,446 +7.5% | $980,000 +7.7% |
| 2024 | $10,645 -12.7% | $909,800 +1.4% |
| 2023 | $12,189 +7.8% | $897,600 +5.2% |
| 2022 | $11,305 +14.1% | $853,200 +5.5% |
| 2021 | $9,910 +2% | $809,000 +1% |
| 2020 | $9,719 +6.3% | $800,600 +12.8% |
| 2019 | $9,144 +4.8% | $709,900 +9.6% |
| 2018 | $8,723 -1.3% | $647,600 +1.7% |
| 2017 | $8,841 +3.7% | $636,500 +2.1% |
| 2016 | $8,528 +8.8% | $623,400 +19.6% |
| 2015 | $7,835 +5.7% | $521,300 +5.2% |
| 2014 | $7,410 +5.1% | $495,300 +3.1% |
| 2013 | $7,052 +3.4% | $480,400 +1.4% |
| 2012 | $6,821 -0.1% | $473,700 -3.4% |
| 2011 | $6,829 +2% | $490,600 -2.4% |
| 2010 | $6,694 +2% | $502,900 -6.2% |
| 2009 | $6,561 +2.1% | $536,000 -5% |
| 2008 | $6,425 -6.5% | $564,100 -14.2% |
| 2007 | $6,873 +12.5% | $657,700 +20.3% |
| 2006 | $6,107 +4.4% | $546,700 +2% |
| 2005 | $5,847 +12.4% | $535,900 +6.7% |
| 2004 | $5,200 +10.9% | $502,400 +35.5% |
| 2003 | $4,689 +6.2% | $370,700 +5% |
| 2002 | $4,417 +25.7% | $353,100 +34.6% |
| 2000 | $3,514 -2.5% | $262,400 +3.5% |
| 1999 | $3,604 | $253,600 |
Find assessor info on the county website
Monthly payment
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