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!
Under contract
$900,000
38-40 Pequossette St, Watertown, MA 02472
4beds
2,717sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$331/sqft
$-- HOA
What's special
- 16 days |
- 310 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
The Mutlu Group,
eXp Realty LLC - Corporate Office
Source: eXp Realty,MLS#: 73541362
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
Not available
Estimated sales range
Not available
$4,138/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | $248,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All 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: 0.5 mi
- 6/10Watertown Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Watertown High SchoolGrades: 9-12Distance: 1.3 mi
- $--1 bd1 ba-- sqft40 Pequossette St #2, Watertown, MA 02472Off Market
- $707,9002 bd1 ba1k sqft40 Pequossette St, Watertown, MA 02472Off Market
- $900,0004 bd2 ba2.7k sqft38-40 Pequossette St, Watertown, MA 02472For Sale
- $1,156,6006 bd3 ba2.5k sqft32-34 Pequossette St, Watertown, MA 02472Off Market
- $872,2004 bd2 ba1.3k sqft44 Pequossette St, Watertown, MA 02472Off Market
- $1,244,0004 bd3 ba2.5k sqft30 Pequossette St, Watertown, MA 02472Off Market
- $1,023,1004 bd1 ba1.9k sqft33 Paul St, Watertown, MA 02472Off Market
- $933,4003 bd1 ba1.5k sqft48 Pequossette St, Watertown, MA 02472Off Market
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.
Similar homes
- $975,0004 bd2 ba1.8k sqft55-57 York Ave, Watertown, MA 02472For Sale
MLS ID #73537593, Stephen O Loughlin, Realty Executives. MLS PIN - $1,150,0005 bd2 ba2.5k sqft60-62 Templeton Pkwy, Watertown, MA 02472For Sale
MLS ID #73541131, Joselin Malkhasian, Lamacchia Realty, Inc.. MLS PIN - $970,0005 bd3 ba2.4k sqft443 Medford St, Somerville, MA 02145For Sale
MLS ID #73546762, Nova Home Group, eXp Realty LLC. MLS PIN - $1,149,9005 bd2 ba2.6k sqft601-603 Main St, Watertown, MA 02472For Sale
MLS ID #73517705, Dave DiGregorio, Coldwell Banker Realty - Waltham. MLS PIN - $875,0003 bd1 ba1.5k sqft10 Hardwick Ter, Brighton, MA 02135For SaleMLS ID #73541994, Christos Salpoglou, Jacob Realty, LLC. MLS PIN
- $829,9745 bd3 ba2.2k sqft76 Baldwin Ave, Everett, MA 02149For SaleMLS ID #73546911, Mission Impossible Team, United Brokers. MLS PIN
- $949,9005 bd3 ba2k sqft589 Saratoga St, East Boston, MA 02128For SaleMLS ID #73545445, Zambrano Properties & Associates, RE/MAX 360. MLS PIN
- $925,0004 bd2 ba2.4k sqft620-622 Beech St, Roslindale, MA 02131For SaleMLS ID #73533895, Erin Birmingham Anadu, Brum & Company. MLS PIN
- $870,0004 bd4 ba2.2k sqft90 Blue Hill Ave, Roxbury, MA 02119For SaleMLS ID #73538902, Kimberly Sullivan, Insight Realty Group, Inc.. MLS PIN
- $929,0005 bd3 ba2.4k sqft11-13 Brookfield St, Roslindale, MA 02131For SaleMLS ID #73541821, The stevedoug.com Team, LAER Realty Partners. MLS PIN
- $897,0005 bd3 ba2.2k sqft573-575 Washington Ave, Chelsea, MA 02150For SaleMLS ID #73536711, Madelyn Garcia, Madelyn Garcia Real Estate. MLS PIN
- $1,199,0004 bd2 ba2.2k sqft83-85 Cresthill Rd, Brighton, MA 02135For SaleMLS ID #73517555, Jackson Wells, Harvard Real Estate. MLS PIN
- $1,050,0004 bd3 ba2k sqft213-215 Main St, Melrose, MA 02176For SaleMLS ID #73546276, Joyce Diliegro, J. Barrett & Company. MLS PIN
- $939,0004 bd3 ba2.2k sqft22 Franklin St, Woburn, MA 01801For SaleMLS ID #73518592, Annette Gregorio, Leading Edge Real Estate. MLS PIN
- $849,0004 bd2 ba2.1k sqft15 Guild St, Quincy, MA 02169For SaleMLS ID #73547059, Austin Partain, William Raveis R.E. & Home Services. MLS PIN
- $900,0005 bd2 ba2.8k sqft85-87 Wolcott St, Malden, MA 02148For SaleMLS ID #73508477, Wilson Group, Keller Williams Realty. MLS PIN
- $899,0003 bd2 ba1.7k sqft11 Pinkert St, Medford, MA 02155For SaleMLS ID #73537012, Claudia Urquijo, Maven Realty. MLS PIN
- $1,349,0005 bd2 ba2.3k sqft66 Gordon St, Somerville, MA 02144For SaleMLS ID #73547404, Marjie and Phil, Gibson Sotheby's International Realty. MLS PIN
- $879,0004 bd2 ba2.3k sqft11-13 Horace St, Malden, MA 02148For SaleMLS ID #73505730, Assunta Palomba, Mango Realty, Inc.. MLS PIN
- $929,0006 bd3 ba2.4k sqft39 Spencer Ave, Chelsea, MA 02150For SaleMLS ID #73541138, Ella Goren, Sunrise Realty & Investment LLC. MLS PIN
- Massachusetts
- Middlesex County
- Watertown
- 02472
- 38-40 Pequossette St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Watertown Topics
