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INVESTMENT SNAPSHOT
About this property
Prime Location! This versatile two-family home presents an outstanding opportunity for both homeowners and savvy investors. Each certified lead paint compliant unit features two good sized bedrooms, adjacent living & dining rooms, semi-modern kitchen and bath, abundant closet space, and an inviting enclosed front porch. You'll also find dedicated storage rooms for each unit in the basement, offering practical convenience. Nestled in a vibrant neighborhood just moments from Watertown Center and Arsenal Yards, residents will enjoy proximity to a variety of restaurants, shops, parks, and the scenic Charles River path. A commuter’s dream, with easy access to Mass Pike and a range of public transportation options. Bonus potential awaits with a semi-finished lower level featuring direct exterior access and full-sized windows—ideal for expanding living space - increasing the home's value.
Property details
| Units | 2 |
| Living area | 2,236 sqft |
| Lot size | 4,051 sqft |
| Year built | 1920 |
| Price / sqft | $427 |
| County | Middlesex |
| MLS # | 73490954 |
Listing status
| Days on market | 54 days |
| Listed on | March 24, 2026 |
Taxes & financials
| Annual property tax | $11,805 |
| Tax year | 2026 |
| Assessed value | $967,600 |
| Zoning | T |
| Gross income (actual) | $58,200/yr |
| Net operating income (actual) | $58,200/yr |
| Total actual rent | $4,850/mo |
Building & lot
| Stories | 2 |
| Total rooms | 10 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Walk-Out Access, Concrete |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Vinyl / VCT, Hardwood, Stone/Ceramic Tile |
Utilities & systems
| Heating | Steam, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Dryer, for Electric Dryer |
| Appliances | Range, Dishwasher, Refrigerator |
Location
More about investing in Watertown →
Listing courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate — Thomas Hevey. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 109 - 109A Lexington Street, Watertown MA 02472 have?
It is a 2-unit multi-family property with 2,236 sqft of living area, built in 1920.
How long has 109 - 109A Lexington Street, Watertown MA 02472 been on the market?
109 - 109A Lexington Street, Watertown MA 02472 has been listed for 54 days (since March 24, 2026).
What is the estimated cap rate on this 2-family in Watertown?
Based on area median rents, the estimated cap rate is about 4.6%, with a Signal Score of 80/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $955,000 across 2 units, that works out to roughly $477,500 per unit.
What are the property taxes on 109 - 109A Lexington Street, Watertown MA 02472?
Annual property taxes are $11,805 (2026), on an assessed value of $967,600.
What is the price per square foot?
At $955,000 for 2,236 sqft, that's about $427 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
109 - 109A Lexington Street, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.
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