HomeWatertown2 Family - 2 Units Up/Down46-48 Keenan St, Watertown MA 02472
46-48 Keenan St, Watertown MA 02472 — photo 1 of 371 / 37
$1,997,000
46-48 Keenan St, Watertown MA 02472
2 units · 6 bd · 5 ba · 3,450 sqft · $998,500/unit
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INVESTMENT SNAPSHOT

Signal Score48 / 100
Est. Cap Rate2.2%
GRM29.7
Gross Scheduled Income$67,194/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Magnificent redesigned multi family on the Watertown, West Cambridge border with easy access to Harvard Sq, Boston and our favorites like Intelligentisa Coffee and Sofra for brunch. Unit 1 on two levels with 7 rooms, 3 bedrooms, 3 full baths. Completely finished lower level with wet bar, entertaining space and laundry room. Unit 2 with 6 rooms, 3 beds, 2 full baths and heated sunroom to read or relax. Expansive custom kitchen designs with stone countertops, backsplash and Kitchen-Aid appliances. Outdoor designated space for each unit, EV charger ready, bicycle storage space, all utilities separated including water. Environmentally friendly electric runs the house. Two off-street parking spaces. This property is listed as two condominiums, MLS #73525973 and MLS #73525950.

Property details

Units2
Living area3,450 sqft
Lot size4,500 sqft
Year built1920
Price / sqft$579
CountyMiddlesex
MLS #73526310

Taxes & financials

Annual property tax$11,465
Tax year2025
Assessed value$981,600
ZoningT
Total actual rent$0/mo

Building & lot

Stories3
Total rooms13
Lot size0.1 acres
Garage spaces0
Parking spaces2
ParkingPaved Drive, Off Street
BasementFull, Finished, Walk-Out Access, Interior Entry
FoundationStone
RoofShingle
ConstructionFrame
FlooringHardwood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range, for Electric Oven, for Electric Dryer

Location

More about investing in Watertown

Listing courtesy of Century 21 North East — Alice Sahakian. 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 46-48 Keenan St, Watertown MA 02472 have?

It is a 2-unit multi-family property with 3,450 sqft of living area, built in 1920.

What is the estimated cap rate on this 2-family in Watertown?

Based on area median rents, the estimated cap rate is about 2.2%, with a Signal Score of 48/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,997,000 across 2 units, that works out to roughly $998,500 per unit.

What are the property taxes on 46-48 Keenan St, Watertown MA 02472?

Annual property taxes are $11,465 (2025), on an assessed value of $981,600.

What is the price per square foot?

At $1,997,000 for 3,450 sqft, that's about $579 per square foot.

Is there parking?

2 total parking spaces (paved drive, off street).

Where is this property located?

46-48 Keenan St, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.

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