Excellent opportunity for investors, flippers, and developers looking to expand their real estate portfolio in Watertown! This side-by-side multifamily property at 46–48 Bridge Street is situated on an approximately 9,095 SF corner lot, zoned for residential + mixed-use zoning, offering excellent potential for future development or redevelopment. Ideally positioned in an established residential neighborhood, across the street from a newly renovated (in progress) city park, the property is a short distance to Watertown Square, the Charles River, major roadways, public transportation, shopping, dining, parks, and everyday amenities. With Cambridge,Boston, and surrounding communities just minutes away, this location offers excellent access to all that Greater Boston has to offer. A compelling opportunity for those seeking value-add potential in a desirable and well-connected Watertown location
| Units | 2 |
| Living area | 3,767 sqft |
| Lot size | 9,095 sqft |
| Year built | 1850 |
| Price / sqft | $232 |
| County | Middlesex |
| MLS # | 73565669 |
| Days on market | 0 days |
| Listed on | August 19, 2026 |
| Annual property tax | $7,732 |
| Tax year | 2026 |
| Assessed value | $633,800 |
| Zoning | PSCD |
| Total actual rent | $0/mo |
| Stories | 6 |
| Total rooms | 12 |
| Lot size | 0.21 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street |
| Basement | Interior Entry, Unfinished |
| Foundation | Brick/Mortar |
| Construction | Frame |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 3,767 sqft of living area, built in 1850.
46-48 Bridge St, Watertown MA 02472 has been listed for 0 days (since August 19, 2026).
At a list price of $875,000 across 2 units, that works out to roughly $437,500 per unit.
Annual property taxes are $7,732 (2026), on an assessed value of $633,800.
At $875,000 for 3,767 sqft, that's about $232 per square foot.
6 total parking spaces (off street).
46-48 Bridge St, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.