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INVESTMENT SNAPSHOT
About this property
Exceptional opportunity to own a solid 3-family property in one of Watertown’s most desirable and rapidly growing locations. Ideal for investors, builders, or owner-occupants seeking long-term value and flexibility. Offering approximately 3,517 sq ft across three levels, the property features one 1-bedroom unit and two 2-bedroom units with flexible layouts appealing to a wide range of buyers and tenants. Built in 1910, the home combines classic multi-family character with key updates, including a newer roof completed in 2021. Additional features include vinyl siding, forced hot water heat, spacious layouts, and a large unfinished basement with excellent storage and future potential. Conveniently located near public transportation with easy access to Downtown Boston, Cambridge, Storrow Drive, the Mass Pike, and major commuter routes. Walking distance to Arsenal Yards.
Property details
| Units | 3 |
| Living area | 3,517 sqft |
| Lot size | 5,000 sqft |
| Year built | 1910 |
| Price / sqft | $341 |
| County | Middlesex |
| MLS # | 73518981 |
Listing status
| Days on market | 8 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $11,590 |
| Tax year | 2025 |
| Assessed value | $992,300 |
| Zoning | T |
| Gross income (actual) | $66,000/yr |
| Net operating income (actual) | $66,000/yr |
| Total actual rent | $5,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.11 acres |
| Garage spaces | 2 |
| Parking spaces | 6 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Heating | Natural Gas, Oil |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
Location
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Listing courtesy of Colonial Realty Associates, LLC — Matthew Moran. 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 152 Spruce St, Watertown MA 02472 have?
It is a 3-unit multi-family property with 3,517 sqft of living area, built in 1910.
How long has 152 Spruce St, Watertown MA 02472 been on the market?
152 Spruce St, Watertown MA 02472 has been listed for 8 days (since May 14, 2026).
What is the estimated cap rate on this 3-family in Watertown?
Based on area median rents, the estimated cap rate is about 5.5%, with a Signal Score of 90/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,200,000 across 3 units, that works out to roughly $400,000 per unit.
What are the property taxes on 152 Spruce St, Watertown MA 02472?
Annual property taxes are $11,590 (2025), on an assessed value of $992,300.
What is the price per square foot?
At $1,200,000 for 3,517 sqft, that's about $341 per square foot.
Is there parking?
2 garage spaces and 6 total parking spaces (paved drive).
Where is this property located?
152 Spruce St, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.
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