15-17 George St, Watertown MA 02472
Watertown, MA 02472
$1,625,000
Est. $9,589/month
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About this home
Turnkey investment opportunity in one of Watertown's most desirable neighborhoods. Fully renovated in 2025, this well-maintained two-family offers approximately 3,700 SqFt of living space and strong rental income. Unit 15 is a spacious 2-bedroom, 1-bath residence featuring a formal dining room, eat-in kitchen, and bonus office space off the living room, current tenants renewed until 8/31/27 for $3,350/month. Unit 17 offers a similar main level layout with 2 bedrooms and 1 full bath, with 2 additional bedrooms and a second bath on the upper level, tenants renewed for another year at $4200. Private outdoor space for each unit, with a beautiful lawn to share. Doublewide driveway. Conveniently located near J.R. Lowell Elementary School, Victory Field, Watertown Square, Arsenal Yards, public transportation, and major commuter routes. A rare opportunity to acquire a renovated, income-producing asset in a prime Watertown location
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 10, 2026
$1,625,000
Original listing
Agent: Adam Aroesty
Office: Hammond Residential Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/10/2026 | 🏠 Listed for Sale | $1,625,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $14,063 | $1,152,700 |
Financial Details
Annual Property Tax
$14,063
Tax Year 2026
Assessed Value
$1,152,700
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1920
Living Area
3,698 sq ft
Lot Size
0.14 acres
Bedrooms
6
Full Baths
3
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
$3,350/mo · Y
Unit 2 Rent
$4,200/mo · Y
Total Monthly Rent
$7,550/mo
Gross Income
$90,600
Net Operating Income
$90,600
Cap Rate
5.58%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
None
Fireplace
None
Fireplaces
2
Basement
Concrete, Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Tandem, Driveway
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$14,063
Assessed Value
$1,152,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
43 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
3,698 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,698 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Interior Features:
Windows:
Basement:
Concrete, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Off Street, Tandem, Driveway
Special Features
Fireplaces:
2
Fireplace Type:
Community Amenities:
Public Transportation, Pool, Park, Private School, Public School
Nearby Schools
School District
Watertown School District local
A-
School Safety
2024-25
1.0%
Low
0.8%
Suspensions
0.2%
In-School
0.2%
Emergency
4.5% below state avg
Elementary Schools
8 schools
Perkins School for the Blind
1.0 mi
Grades PK-12
Jewish Community Day School
1.5 mi
Grades K-08
Star Academy (Watertown Campus)
1.6 mi
Grades PK-12
Atrium School
1.6 mi
Grades K-06
A
Cunniff School
0.9 mi
|
#166 of 824
|
Score: 56.3
Improved 20 spots from last year
-1.9 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
A
Hosmer School
0.9 mi
|
#140 of 824
|
Score: 57.4
Improved 112 spots from last year
-0.8 below state avg
758 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
St. Stephen's Armenian School
1.4 mi
Grades PK-05
A+
James Russell Lowell School
891.0 mi
|
#84 of 824
|
Score: 60.2
Improved 80 spots from last year
+2 above state avg
422 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
1 school
A-
Watertown Middle School
0.5 mi
|
#108 of 352
|
Score: 48.6
Improved 11 spots from last year
-9.6 below state avg
583 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
Walker Beacon School
0.6 mi
Grades 07-12
B+
Watertown High School
0.7 mi
|
#112 of 346
|
Score: 59.3
Improved 118 spots from last year
+1.1 above state avg
761 students
Diverse
18 sports
• 1,578 athletes
Strong AP Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,172
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total principal paid
$0
Total interest paid
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Rate Impact
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Current Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
15-17 George St, Watertown MA 02472
Watertown, MA 02472
Listing Information
Listing Agent
Adam Aroesty
Listing Office
Hammond Residential Real Estate
Office Phone
617-731-4644
Agent MLS ID
CT006089
Office MLS ID
AN3108
Listing Data Updated
Jul 23, 2026 8:17 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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