227 Common St, Watertown MA 02472

Watertown, MA 02472
$1,150,000
Est. $7,129/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
2
Baths
2,150
Sq Ft
$535
Price/Sq Ft
0.12
Acres
1915
Year Built
2
Garage Spaces
New today
Time on Market
For Sale Listed Oct 12, 2026 • MLS# 73589593 Copied! • Updated Oct 12, 2026

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About this home

Classic Watertown two-family in a desirable neighborhood near the Belmont line! This well-maintained property offers two spacious units, each featuring two bedrooms, a full bath, living room, formal dining room with charming built-ins, and hardwood floors. The second-floor unit offers additional flexibility with a finished third-floor area featuring a family room and bonus room, complete with electric heat and air conditioning. Enjoy inviting front and rear porches, including an enclosed three-season porch with windows and screens, plus a private backyard with sprinkler system. Additional highlights include updated mechanical systems, a full basement with laundry and storage, a detached two-car garage, and ample driveway parking. Ideal for an owner-occupant looking to enjoy the upper-level living space while generating rental income from the first floor, or an investor seeking a solid multifamily opportunity. Conveniently located near Watertown High School, Oakley Country Club, Watertown Square, Arsenal Yards, the Charles River, and commuter routes to Cambridge and Boston.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 12, 2026
$1,150,000
Original listing
Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2026 $13,369 $1,095,800

Financial Details

Annual Property Tax
$13,369
Tax Year 2026
Assessed Value
$1,095,800

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1915
Living Area 2,150 sq ft
Lot Size 0.12 acres
Stories 3
Bedrooms 4
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $1,300/mo · N
Unit 2 Rent $1,300/mo · N
Total Monthly Rent $2,600/mo
Gross Income $31,200
Net Operating Income $31,200
Cap Rate 2.71%
Heating Hot Water, Natural Gas
Cooling None
Flooring Tile, Hardwood, Stone/ceramic Tile
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Full, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $13,369
Assessed Value $1,095,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Sellers Disclosure Will Be Provided
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Appraiser
Sq Ft Disclosures Per appraiser measurement. Unheated finished attic bonus room (approx. 415 sf)
Documents None
County Middlesex
Total market time (incl. prior listings) 5 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1915
Bedrooms
4
Full Bathrooms
2
Living Area
2,150 sq ft
Total Rooms
10
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Stone/Ceramic Tile
Appliances: Range, Microwave, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen
Windows: Insulated Windows, Storm Window(s), Screens
Basement: Full, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Utilities & Systems

Heating: Hot Water, Natural Gas
Heating Zones: 2
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features:
Road Frontage: 48.00 ft
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved
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
E

Elementary Schools

3 schools
A
Hosmer School
0.7 mi | #131 of 825 | Score: 57.5
Improved 121 spots from last year
-0.7 below state avg
693 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades PK-05
A
Winthrop L. Chenery Upper Elementary School
0.7 mi | #164 of 825 | Score: 56.5
Dropped 14 spots from last year
-1.8 below state avg
1,028 students Diverse
Diverse Student Body Strong Attendance
Grades 04-06
Perkins School for the Blind
0.9 mi
Grades PK-12
M

Middle Schools

3 schools
B+
Watertown Middle School
0.8 mi | #110 of 352 | Score: 48.5
Improved 9 spots from last year
-9.8 below state avg
591 students Diverse
Diverse Student Body
Grades 06-08
A+
Belmont Middle School
1.5 mi | #16 of 352 | Score: 62.1
Dropped 14 spots from last year
+3.9 above state avg
727 students Diverse
Strong Attendance
Grades 07-08
A+
Bigelow Middle School
1.5 mi | #22 of 352 | Score: 60.9
Improved 48 spots from last year
+2.7 above state avg
451 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Walker Beacon School
0.8 mi
Grades 07-12
B+
Watertown High School
0.9 mi | #107 of 346 | Score: 60.1
Improved 123 spots from last year
+1.9 above state avg
728 students Diverse
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
A+
Belmont High School
1.3 mi | #11 of 346 | Score: 75.4
Dropped 1 spots from last year
+17.2 above state avg
1,498 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,114
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

227 Common St, Watertown MA 02472

Watertown, MA 02472

Listing Information

Listing Agent Jacob Zapata
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID CN259913
Office MLS ID AC0342
Listing Data Updated Oct 12, 2026 6:07 PM 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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