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!
Sold for $1,050,000
$1,050,000
38-40 Pequossette St, Watertown, MA 02472
4beds
2,717sqft
2 Family - 2 Units Up/Down
Built in 1923
-- sqft lot
$1,046,100 Zestimate®
$386/sqft
$4,176 Estimated rent
Home value
$1,046,100
$983,000 - $1.12M
$4,176/mo
Zestimate® history
Owner options
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$4,176/mo
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$4,176/mo
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$7,021/mo
Est. payment
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$7,021/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
The Mutlu Group,
eXp Realty LLC - Corporate Office 888-854-7493
Bought with:
Aris Snyder
Aris Snyder
Source: MLS PIN,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
- 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: 2 Family - 2 Units Up/Down
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: $386/sqft
- Tax assessed value: $1,054,700
- Annual tax amount: $12,867
- Date on market: 9/10/2026
- Total actual rent: 5900
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Sold | $1,050,000+16.7%$386/sqft |
Source: MLS PIN #73541362 Report a problem | ||
| 7/13/2026 | Pending sale | $900,000$331/sqft |
Source: MLS PIN #73541362 Report a problem | ||
| 6/29/2026 | Contingent | $900,000$331/sqft |
Source: MLS PIN #73541362 Report a problem | ||
| 6/25/2026 | Listed for sale | $900,000$331/sqft |
Source: MLS PIN #73541362 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02472
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Nearby schools
GreatSchools rating
- 7/10Hosmer Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Watertown Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Watertown High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,046,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,046,100
- Massachusetts
- Middlesex County
- Watertown
- 02472
- 38-40 Pequossette St
