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38-40 Pequossette, Watertown MA 02472

Watertown, MA 02472
$900,000
Est. $5,823/month
4
Beds
2
Baths
2,717
Sq Ft
$331
Price/Sq Ft
0.11
Acres
1923
Year Built
4 hours 19 minutes
Time on Market
Active Open House Listed Jun 25, 2026 • MLS# 73541362 Copied!

About this home

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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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1923
Bedrooms
4
Full Bathrooms
2
Living Area
2,717 sq ft
Total Rooms
14
Stories
4
Levels
4

Open House Schedule

25
Jun
Thursday, June 25
5:30 PM - 7:00 PM EDT
27
Jun
Saturday, June 27
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1923
Living Area 2,717 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 2
Total Rooms 14

Interior

Heating Baseboard, Oil
Cooling None
Flooring Wood
Appliances Range
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features Paved Drive, Off Street
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $12,867
Assessed Value $1,054,700

Interior Features

Flooring: Wood
Appliances: Range
Interior Features:
Windows: Storm Window(s)
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1923
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

38-40 Pequossette, Watertown MA 02472

Watertown, MA 02472

Walkability

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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
E

Elementary Schools

3 schools
Perkins School for the Blind
0.2 mi
Grades PK-12
A
Hosmer School
0.5 mi | #140 of 824 | Score: 57.4
Improved 112 spots from last year
-0.8 below state avg
758 students Diverse
Rising School Diverse Student Body
Grades PK-05
A
Underwood School
0.8 mi | #103 of 824 | Score: 59.2
Improved 37 spots from last year
+1 above state avg
253 students Very Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
A+
Bigelow Middle School
0.7 mi | #26 of 352 | Score: 60.6
Improved 44 spots from last year
+2.4 above state avg
434 students Diverse
Rising School Diverse Student Body
Grades 06-08
A-
Watertown Middle School
1.2 mi | #108 of 352 | Score: 48.6
Improved 11 spots from last year
-9.6 below state avg
583 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
D
Lyon High School
0.9 mi | #328 of 346 | Score: 27.8
Improved 22 spots from last year
-30.4 below state avg
95 students Diverse
12 sports • 88 athletes
Rising School Diverse Student Body
Grades 12
B+
Watertown High School
1.3 mi | #112 of 346 | Score: 59.3
Improved 118 spots from last year
+1.1 above state avg
761 students Diverse
18 sports • 1,578 athletes
Strong AP Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
Mesivta High School
1.4 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,072
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Jun 25, 2026
$900,000
Original listing
Agent: The Mutlu Group Office: eXp Realty LLC - Corporate Office

Price & Status History

Date Event Price Change
Jun 25, 2026 New Listing Added $900,000

Market Statistics

Time on Market
4 hours 19 minutes
Price per Sq Ft
$331

Tax History

Year Taxes Assessment
2026 $12,867 $1,054,700

Financial Details

Annual Property Tax
$12,867
Tax Year 2026
Assessed Value
$1,054,700

Listing Information

Listing Agent The Mutlu Group
Listing Office eXp Realty LLC - Corporate Office
Agent MLS ID TM328687
Office MLS ID AC0342
Listing Data Updated Jun 24, 2026 9:29 PM 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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Market Analytics for Watertown, MA

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