$900,000
38-40 Pequossette St
Watertown, MA, 02472
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
Price:
$900,000
MLS #:
73541362
Status:
Pending
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Jun 24, 2026
Finished Sq Ft:
2,717
Total Sq Ft:
2,717
Lot Size:
4,791 sqft / 0.11 acres (approx)
Year Built:
1923
Units:
2
Schools
Interior
Above Grade Finished Area
2717
Appliances
Range
Bathrooms
2 Full Bathrooms
Flooring
Wood
Heating
Baseboard, Oil
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Marina, Public School
Fencing
Fenced
Lot Features
Gentle Sloping
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
6
Parking Total
6
Patio And Porch Features
Porch
Roof
Shingle
Stories
4
Window Features
Storm Window(s)
Financial
Tax Year
2026
Taxes
$12,867
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Watertown as of Jul 17, 2026
29
Multi Family Listed
43
Avg DOM
449
Avg $ / SqFt
$1,329,610
Avg List Price
Community
- Address38-40 Pequossette St Watertown MA
- CityWatertown
- CountyMiddlesex
- Zip Code02472
Subdivisions in Watertown
Similar Listings Nearby
Property Summary
- 38-40 Pequossette St Watertown MA is a Multi Family for sale in Watertown, MA, 02472. It is listed for $900,000 To schedule a showing of MLS#73541362 at 38-40 Pequossette St in Watertown, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of eXp Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
38-40 Pequossette St
Watertown, MA