153 Palfrey St, Watertown MA 02472
Watertown, MA 02472
$1,999,900
Est. $11,628/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
13
Sep
Sunday, September 13
12:00 PM - 2:00 PM EDT
12
Sep
Saturday, September 12
11:00 AM - 1:00 PM EDT
About this home
PACKAGE SALE ONLY: The $1,999,900 list price includes both 153 and 149 Palfrey Street. The properties must be purchased together and will not be sold separately.153 Palfrey Street is an established four-unit residential property offering current rental income and additional potential. The building contains almost 3,000 square feet of living area, 10 rooms and four full bathrooms according to public records.Units 2, 3 and 4 are occupied under written tenant-at-will agreements and currently generate $5,295 in total monthly rent. Unit 1 is vacant and requires renovation, while Unit 4 has been recently updated.Also included is the adjacent property at 149 Palfrey Street, a well-maintained three-bedroom ranch with central air, two fireplaces, an attached garage and substantial lower-level space.For an investor, the package offers five residences across two adjacent parcels with existing income. For an owner-occupant, it provides rental income from four neighboring apartments while preserving the privacy of a detached single-family home. Cross-reference companion MLS Listing IDs 73573985 and 73573995.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 9, 2026
$1,999,900
Original listing
Agent: Patrick Arone
Office: Colonial Realty Associates, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 🏠 Listed for Sale | $1,999,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $15,786 | $1,293,900 |
Financial Details
Annual Property Tax
$15,786
Tax Year 2026
Assessed Value
$1,293,900
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1880
Living Area
2,914 sq ft
Lot Size
0.22 acres
Stories
6
Bedrooms
4
Full Baths
4
Total Rooms
11
Investment Metrics
Units
4
Unit 1 Rent
— · N
Unit 2 Rent
$1,895/mo · Y
Unit 3 Rent
$1,500/mo · Y
Unit 4 Rent
$1,900/mo · Y
Total Monthly Rent
$5,295/mo
Gross Income
$63,540
Net Operating Income
$63,540
Cap Rate
3.18%
Interior
Heating
Hot Water, Oil, Steam, Baseboard
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Concrete, Varies, Hardwood, Stone/ceramic Tile
Appliances
None, Range, Refrigerator, Freezer, Washer, Dryer, Microwave
Fireplace
None
Fireplaces
1
Basement
Partial, Interior Entry, Unfinished
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Storage, Pantry, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Remodeled, Living Room, Kitchen, Laundry Room, Living Rm/dining Rm Combo, Mudroom
Exterior
Construction
Frame, Brick, Stone, Block
Architecture
None
Roof
Rubber
Features
Balcony/deck, Rain Gutters, Stone Wall
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Paved Drive, Shared Driveway, Off Street, Assigned
Total Spaces
6
Utilities
Electric
Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, For Electric Dryer, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$15,786
Assessed Value
$1,293,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Package Sale Only; 149 And 153 Palfrey St Will Not Be Sold Separately. Please See Attached Documents For Additional Property Information And Disclosures. Buyer/buyer Agent To Verify Use, Measurements, Financials And Tenancy Information. Broker Related To Sellers.
Exclusions
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Gray
Sq Ft Source
Public Record
Sq Ft Disclosures
Buyer/buyer agent to verify all information.
Documents
None
County
Middlesex
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
4
Living Area
2,914 sq ft
Total Rooms
11
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,410 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Vinyl, Concrete, Varies, Hardwood, Stone/Ceramic Tile
Appliances:
None, Range, Refrigerator, Freezer, Washer, Dryer, Microwave
Interior Features:
Storage, Pantry, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Mudroom
Windows:
Screens
Basement:
Partial, Interior Entry, Unfinished
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame, Brick, Stone, Block
Roof:
Rubber
Foundation:
Stone, Brick/Mortar
Stories:
6
Heating, Cooling & Utilities
Heating:
Hot Water, Oil, Steam, Baseboard
Heating Zones:
1
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Rain Gutters, Stone Wall
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Wooded, Easements, Cleared
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Shared Driveway, Off Street, Assigned
Special Features
Fireplaces:
1
Fireplace Type:
View:
Yes
View Type:
Scenic View(s)
Community Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Nearby Schools
School District
Watertown School District local
A-
School Safety
2024-25
1.0%
Low
0.8%
Suspensions
0.2%
In-School
0.2%
Emergency
4.5% below state avg
Elementary Schools
8 schools
Perkins School for the Blind
0.8 mi
Grades PK-12
Jewish Community Day School
1.3 mi
Grades K-08
Atrium School
1.5 mi
Grades K-06
Star Academy (Watertown Campus)
1.7 mi
Grades PK-12
A
Cunniff School
0.8 mi
|
#158 of 825
|
Score: 56.6
Improved 28 spots from last year
-1.6 below state avg
373 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades PK-05
A
Hosmer School
0.9 mi
|
#131 of 825
|
Score: 57.5
Improved 121 spots from last year
-0.7 below state avg
693 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades PK-05
St. Stephen's Armenian School
1.4 mi
Grades PK-05
A+
James Russell Lowell School
890.9 mi
|
#81 of 825
|
Score: 60.3
Improved 83 spots from last year
+2.1 above state avg
458 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades PK-05
Middle Schools
1 school
B+
Watertown Middle School
0.3 mi
|
#110 of 352
|
Score: 48.5
Improved 9 spots from last year
-9.8 below state avg
591 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
Walker Beacon School
0.8 mi
Grades 07-12
B+
Watertown High School
0.4 mi
|
#107 of 346
|
Score: 60.1
Improved 123 spots from last year
+1.9 above state avg
728 students
Diverse
18 sports
• 1,578 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,316
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
153 Palfrey St, Watertown MA 02472
Watertown, MA 02472
Listing Information
Listing Agent
Patrick Arone
Listing Office
Colonial Realty Associates, LLC
Office Phone
617-977-6025
Agent MLS ID
CN212165
Office MLS ID
AN6652
Listing Data Updated
Sep 9, 2026 10:35 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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