Active
3 Days on market
153 Palfrey St Watertown — Photo 1 of 40

153 Palfrey St Watertown — Photo 1 of 40

$1,999,900

153 Palfrey St, Watertown, MA 02472

Watertown, MA 02472

Investor Analysis

Beds

4

Baths

4

SqFt

2,914

Style

4 Family

Built

1880

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.

Immersive Experience

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$686/sqft
Local Avg (Watertown)$546/sqft
26% 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$15,786

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces1
FlooringTile, Vinyl, Concrete, Varies, Hardwood, Stone/Ceramic Tile
BasementPartial, Interior Entry, Unfinished

Climate & Utilities

HeatingHot Water, Oil, Steam, Baseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, Stone, Block
RoofRubber
FoundationStone, Brick/Mortar
ZoningS-6

Property & Lot

Acres0.22
SqFt Lot9,500
Lot FeaturesWooded, Easements, Cleared

Amenities & Appliances

None • Range • Refrigerator • Freezer • Washer • Dryer • Microwave

Neighborhood

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

Geography

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)

Listing Provided By

Listing Agent: Patrick Arone

Listing Office: Colonial Realty Associates, LLC

MLS® Number: 73573993

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