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INVESTMENT SNAPSHOT
About this property
Offered for the first time in more than 80 years, this classic circa-1857 Mansard-style three-family, with more than 3,800 sf of living space, presents a value-add opportunity for owner-occupants, investors, developers, and alike. Ready for its next chapter, the property offers the opportunity to restore to its original architectural charm or explore a range of possibilities, including condominium conversion and building expansion. The generous 12,550-square-foot lot with six off-street parking spaces further enhances the property's significant upside development appeal and long-term investment potential. Ideally located just a few blocks from vibrant Watertown Square, offering easy access to restaurants, cafés, the public library, banks, pharmacies, and everyday amenities. Roughly one mile from Exit 127 off the Massachusetts Turnpike at Newton Corner, the location provides excellent commuter access to Cambridge, Downtown Boston and Logan International Airport.
Property details
| Units | 3 |
| Living area | 3,822 sqft |
| Lot size | 12,550 sqft |
| Year built | 1857 |
| Price / sqft | $365 |
| County | Middlesex |
| MLS # | 73585274 |
Listing status
| Days on market | 0 days |
| Listed on | October 1, 2026 |
Taxes & financials
| Annual property tax | $14,884 |
| Tax year | 2026 |
| Assessed value | $1,220,800 |
| Zoning | T |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.29 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street |
| Basement | Full, Partially Finished |
| Foundation | Stone, Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Heating | Hot Water, Oil |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Refrigerator |
Location
More about investing in Watertown →
Listing courtesy of a MLS PIN member office. 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 128 Summer St, Watertown MA 02472 have?
It is a 3-unit multi-family property with 3,822 sqft of living area, built in 1857.
How long has 128 Summer St, Watertown MA 02472 been on the market?
128 Summer St, Watertown MA 02472 has been listed for 0 days (since October 1, 2026).
What is the price per unit?
At a list price of $1,395,000 across 3 units, that works out to roughly $465,000 per unit.
What are the property taxes on 128 Summer St, Watertown MA 02472?
Annual property taxes are $14,884 (2026), on an assessed value of $1,220,800.
What is the price per square foot?
At $1,395,000 for 3,822 sqft, that's about $365 per square foot.
Is there parking?
6 total parking spaces (off street).
Where is this property located?
128 Summer St, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.
