Active
3 Days on market
149 Palfrey St Watertown — Photo 1 of 37

149 Palfrey St Watertown — Photo 1 of 37

$1,999,900

149 Palfrey St, Watertown, MA 02472

Watertown, MA 02472

Investor Analysis

Beds

3

Baths

1.5

SqFt

2,496

Style

Single Family

Built

1963

PACKAGE SALE ONLY: The $1,999,900 list price includes both 149 and 153 Palfrey Street. The properties must be purchased together and will not be sold separately.149 Palfrey Street is a well maintained three-bedroom ranch offering comfortable living space across the main and lower levels. The home features a fireplaced living room, dining room, den, eat-in kitchen, hardwood floors, central air and an attached garage. The main level includes three bedrooms and a full bath.The substantial lower level provides a recreation room with a second fireplace, half bath, laundry and utility areas, workshop space and abundant storage. The home contains approximately 2,500 square feet of living area, including below-grade space. It is comfortable and move-in ready while offering an opportunity for future personalization.Also included in the sale is the adjacent property at 153 Palfrey Street, an established four-unit residence. Three apartments are currently occupied by tenants at will, and one apartment is vacant.This coordinated package offers the privacy of a detached single-family home together with rental income from four neighboring apartments without sharing walls with tenants. Two adjacent parcels, two buildings and five residences in one distinctive Watertown offering. Cross-reference companion MLS Listing IDs 73573993 and 73573995

Immersive Experience

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$801/sqft
Local Avg (Watertown)$554/sqft
45% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Watertown, MA.

Property Details

Financials

Original Price$1,999,900
Annual Taxes$10,780

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces2
FlooringTile, Laminate, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, Stone, Block
RoofShingle
FoundationConcrete Perimeter, Block
ZoningS-6

Property & Lot

Acres0.14
SqFt Lot5,900
Lot FeaturesWooded, Easements

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Microwave

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Bathroom 2
First
Living Room
Basement
Family Room
Main,First
Dining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl First

23.666666666 x 13.916666666

Closet, Flooring - Hardwood

Dining Room
Lvl Main,First

11.666666666 x 11.75

Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl Main,First

13 x 11.75

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Lighting - Overhead, Beadboard

Family Room
Lvl Basement

22.166666666 x 12.583333333

Ceiling Fan(s), Flooring - Wall to Wall Carpet, Cable Hookup

Master Bedroom
Lvl Main,First

14.583333333 x 11.583333333

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Main,First

11.166666666 x 10.083333333

Bedroom 3
Lvl Main,First

10.583333333 x 14

Ceiling Fan(s), Closet, Flooring - Hardwood, Flooring - Wood

Bathroom 1
Lvl Main,First

8 x 8.666666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8.916666666 x 7

Bathroom - Half, Dryer Hookup - Electric

Population

35,620

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$126K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

52.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,496 sq ft principal dwelling). Lot size: 5,900 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Patrick Arone

Listing Office: Colonial Realty Associates, LLC

MLS® Number: 73573985

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