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INVESTMENT SNAPSHOT
About this property
Location! Situated in an idyllic setting on tree-lined Pequossette Street, this charming 2-family house presents an excellent opportunity for owner occupants, investors as well as developers looking to build equity. Featuring two spacious apartments plus a partially finished lower level, this property offers flexible space with lots of potential for expansion and added value. Unit 1 has 2 bedrooms and 1 bathroom while Unit 2 has a similar layout with additional finished space on the top floor. Enjoy 3 porches, a spacious yard and x parking spaces. Keep the house "as is" with some improvements and collect rent, or renovate and customize for added value. You can generate rental income, enjoy multi-generational living or gain accelerated equity through improvements. Conveniently situated between Watertown Square and Arsenal Yards, near vibrant restaurants, shops, parks, public transport, and commuter routes this property combines location, flexibility and lots of upside potential!
Property details
| Units | 2 |
| Living area | 2,717 sqft |
| Lot size | 4,791 sqft |
| Year built | 1923 |
| Price / sqft | $386 |
| County | Middlesex |
| MLS # | 73541362 |
Location
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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 38-40 Pequossette St, Watertown MA 02472 have?
It is a 2-unit multi-family property with 2,717 sqft of living area, built in 1923.
What is the price per unit?
At a list price of $900,000 across 2 units, that works out to roughly $450,000 per unit.
What is the price per square foot?
At $900,000 for 2,717 sqft, that's about $386 per square foot.
Where is this property located?
38-40 Pequossette St, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.
