Pending

$900,000

38-40 Pequossette St, Watertown, MA 02472

4beds

2,717sqft

N/A

Get pre-qualified

Multi Family

Built in 1923

-- sqft lot

$954,500 Zestimate^®

$331/sqft

$-- HOA

What's special

Location! Situated in an idyllic setting on tree-lined Pequossette Street, this charming 2-family house presents an excellent opportunity for owner occupants, investors as well as developers looking to build equity. Featuring two spacious apartments plus a partially finished lower level, this property offers flexible space with lots of potential for expansion and added value. Unit 1 has 2 bedrooms and 1 bathroom while Unit 2 has a similar layout with additional finished space on the top floor. Enjoy 3 porches, a spacious yard and x parking spaces. Keep the house "as is" with some improvements and collect rent, or renovate and customize for added value. You can generate rental income, enjoy multi-generational living or gain accelerated equity through improvements. Conveniently situated between Watertown Square and Arsenal Yards, near vibrant restaurants, shops, parks, public transport, and commuter routes this property combines location, flexibility and lots of upside potential!

64 days
72
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Oil

Appliances

Included: Range

Features

Flooring: Wood
Windows: Storm Window(s)
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Has fireplace: No

Interior area

Total structure area: 2,717
Total interior livable area: 2,717 sqft
Finished area above ground: 2,717

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street
Uncovered spaces: 6

Features

Stories: 4
Patio & porch: Porch
Fencing: Fenced

Lot

Size: 4,791 Square Feet
Features: Gentle Sloping

Details

Parcel number: 852429
Zoning: R

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Marina, Public School

Location

Region: Watertown

Financial & listing details

Price per square foot: $331/sqft
Tax assessed value: $1,054,700
Annual tax amount: $12,867
Date on market: 6/25/2026
Listing agreement: Exclusive Right To Sell
Total actual rent: 5900

Estimated market value

$954,500

$907,000 - $1.00M

$4,636/mo

Price history

Date	Event	Price
7/13/2026	Pending sale	$900,000$331/sqft
Source: eXp Realty #73541362 Report a problem
6/29/2026	Contingent	$900,000$331/sqft
Source: eXp Realty #73541362 Report a problem
6/26/2026	Listed for sale	$900,000+237.7%$331/sqft
Source: eXp Realty #73541362 Report a problem
8/8/1997	Sold	$266,500$98/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,971 +8.5%	$1,024,900 +8.7%
2024	$11,032 -11.3%	$942,900 +3%
2023	$12,437 +7.2%	$915,800 +4.6%
2022	$11,600 +12%	$875,500 +3.5%
2021	$10,359 +3.8%	$845,600 +2.9%
2020	$9,980 +3.1%	$822,100 +9.4%
2019	$9,683 +4.1%	$751,800 +8.9%
2018	$9,301 +4.2%	$690,500 +7.4%
2017	$8,928 +4.5%	$642,800 +2.9%
2016	$8,543 +11.7%	$624,500 +22.7%
2015	$7,650 +4.2%	$509,000 +3.8%
2014	$7,339 +1.9%	$490,600
2013	$7,202 +5.1%	$490,600 +3.1%
2012	$6,853 +1%	$475,900 -2.3%
2011	$6,783 +1.9%	$487,300 -2.6%
2010	$6,658 +0.5%	$500,200 -7.6%
2009	$6,624 +2.8%	$541,200 -4.3%
2008	$6,443 +1.4%	$565,700 -6.9%
2007	$6,353 +12.6%	$607,900 +20.4%
2006	$5,640 -0.4%	$504,900 -2.8%
2005	$5,664 +12.3%	$519,200 +6.5%
2004	$5,045 +9.4%	$487,400 +33.7%
2003	$4,612 +6.2%	$364,600 +5%
2002	$4,343 +21.5%	$347,200 +30.1%
2000	$3,574 +1.1%	$266,900 +7.3%
1999	$3,534	$248,700