HomeWatertownMulti Family5 Hearn St, Watertown MA 02472
5 Hearn St, Watertown MA 02472 — photo 1 of 351 / 35
$1,250,000
5 Hearn St, Watertown MA 02472
2 units · 5 bd · 3 ba · 2,400 sqft · $625,000/unit
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INVESTMENT SNAPSHOT

Signal Score66 / 100
Est. Cap Rate3.5%
GRM18.6
Gross Scheduled Income$67,204/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Live comfortably in one unit while generating rental income from the other. This beautifully maintained 2-family home features a turnkey 2 bed/1 bath first-floor unit currently rented through August, plus a stylish and spacious 3 bed/2 bath duplex spanning the upper two levels. Updated kitchens and modern baths create a move-in-ready lifestyle with no immediate projects needed as major systems including heat, hot water tanks, roof, and vinyl siding, are all in solid condition for added peace of mind. The top-floor primary suite offers a walk-in closet, skylights, and an expansive retreat-like feel. Ideally located near Mt. Auburn Street on the Cambridge/Belmont line, close to Mt. Auburn Hospital, cafés, supermarkets, bike paths, public transit, and everything Watertown has to offer. A smart investment and a wonderful place to call home.

Property details

Units2
Living area2,400 sqft
Lot size1,980 sqft
Year built1927
Price / sqft$521
CountyMiddlesex
MLS #73519403

Listing status

Days on market19 days
Listed onMay 14, 2026

Taxes & financials

Annual property tax$8,623
Tax year2025
Assessed value$738,300
ZoningT
Gross income (actual)$30,000/yr
Net operating income (actual)$30,000/yr
Total actual rent$2,500/mo

Building & lot

Stories3
Total rooms10
Lot size0.05 acres
Garage spaces0
Parking spaces3
ParkingPaved Drive, Off Street, Driveway
BasementWalk-Out Access, Concrete, Unfinished
FoundationStone
RoofShingle
ConstructionFrame
FlooringHardwood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range

Location

More about investing in Watertown

Listing courtesy of Block Realty — AD Advisors Team. 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 5 Hearn St, Watertown MA 02472 have?

It is a 2-unit multi-family property with 2,400 sqft of living area, built in 1927.

How long has 5 Hearn St, Watertown MA 02472 been on the market?

5 Hearn St, Watertown MA 02472 has been listed for 19 days (since May 14, 2026).

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

Based on area median rents, the estimated cap rate is about 3.5%, with a Signal Score of 66/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,250,000 across 2 units, that works out to roughly $625,000 per unit.

What are the property taxes on 5 Hearn St, Watertown MA 02472?

Annual property taxes are $8,623 (2025), on an assessed value of $738,300.

What is the price per square foot?

At $1,250,000 for 2,400 sqft, that's about $521 per square foot.

Is there parking?

3 total parking spaces (paved drive, off street, driveway).

Where is this property located?

5 Hearn St, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.

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