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!
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $520,300 | $534,400 | $1,054,700 | — |
| Date | Price | Book/Page |
|---|---|---|
| Aug 8, 1997 | $266,500 | 1175/75 |
No building permits on record since 2023.
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 5,139 | 2,717 | ✗ |
| Year built | 1,923 | 1,923 | ✓ |
38-40 Pequossette St, Watertown MA 02472
Watertown, MA 02472
School information not available for this location.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/25/2026 | 🏠 Listed for Sale | $900,000 | - | - | Original listing |
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