BMN Boston

Get our mobile app!

Download on the App Store

38-40 Pequossette St, Watertown MA 02472

Watertown, MA 02472
$900,000
Est. $5,823/month
4
Beds
2
Baths
2,717
Sq Ft
$331
Price/Sq Ft
0.11
Acres
1923
Year Built
6
Parking
16
Days on Market
Pending Listed Jun 24, 2026 • MLS# 73541362 Copied! • Updated Jul 15, 2026

About this home

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!

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 29, 2026
Active → Active Under Contract
Pending Sale
Jun 29, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jun 25, 2026
$900,000
Original listing
Agent: The Mutlu Group Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2026 $12,867 $1,054,700

Financial Details

Annual Property Tax
$12,867
Tax Year 2026
Assessed Value
$1,054,700

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1923
Living Area 2,717 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 2
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $2,100/mo · Y
Unit 2 Rent — · N
Total Monthly Rent $2,100/mo
Gross Income $25,200
Net Operating Income $25,200
Cap Rate 2.80%
Heating Baseboard, Oil
Cooling None
Flooring Wood
Appliances Range
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $12,867
Assessed Value $1,054,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Unit 2 Has Finished Attic Space. There Is Additional Partially Finished Space In The Lower Level. Seller Will Review Any Offers After 6pm On Saturday 6/27, Please Allow Time For Response.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1923
Bedrooms
4
Full Bathrooms
2
Living Area
2,717 sq ft
Total Rooms
14
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood
Appliances: Range
Interior Features:
Windows: Storm Window(s)
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1923
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street
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
Perkins School for the Blind
0.2 mi
Grades PK-12
A
Hosmer School
0.5 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
A
Underwood School
0.8 mi | #103 of 824 | Score: 59.2
Improved 37 spots from last year
+1 above state avg
253 students Very Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
A+
Bigelow Middle School
0.7 mi | #26 of 352 | Score: 60.6
Improved 44 spots from last year
+2.4 above state avg
434 students Diverse
Rising School Diverse Student Body
Grades 06-08
A-
Watertown Middle School
1.2 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
H

High Schools

3 schools
D
Lyon High School
0.9 mi | #328 of 346 | Score: 27.8
Improved 22 spots from last year
-30.4 below state avg
95 students Diverse
12 sports • 88 athletes
Rising School Diverse Student Body
Grades 12
B+
Watertown High School
1.3 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
Mesivta High School
1.4 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,072
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
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

Loading map...

Neighborhood

38-40 Pequossette St, Watertown MA 02472

Watertown, MA 02472

Listing Information

Listing Agent The Mutlu Group
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID TM328687
Office MLS ID AC0342
Listing Data Updated Jul 15, 2026 4:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Watertown, MA

Real-time market trends and pricing data for this area

38-40 Pequossette St, Watertown MA 02472 - Photo 1 38-40 Pequossette St, Watertown MA 02472 - Photo 2 38-40 Pequossette St, Watertown MA 02472 - Photo 3 38-40 Pequossette St, Watertown MA 02472 - Photo 4 38-40 Pequossette St, Watertown MA 02472 - Photo 5 38-40 Pequossette St, Watertown MA 02472 - Photo 6 38-40 Pequossette St, Watertown MA 02472 - Photo 7 38-40 Pequossette St, Watertown MA 02472 - Photo 8 38-40 Pequossette St, Watertown MA 02472 - Photo 9 38-40 Pequossette St, Watertown MA 02472 - Photo 10 38-40 Pequossette St, Watertown MA 02472 - Photo 11 38-40 Pequossette St, Watertown MA 02472 - Photo 12 38-40 Pequossette St, Watertown MA 02472 - Photo 13 38-40 Pequossette St, Watertown MA 02472 - Photo 14 38-40 Pequossette St, Watertown MA 02472 - Photo 15 38-40 Pequossette St, Watertown MA 02472 - Photo 16 38-40 Pequossette St, Watertown MA 02472 - Photo 17 38-40 Pequossette St, Watertown MA 02472 - Photo 18 38-40 Pequossette St, Watertown MA 02472 - Photo 19 38-40 Pequossette St, Watertown MA 02472 - Photo 20 38-40 Pequossette St, Watertown MA 02472 - Photo 21 38-40 Pequossette St, Watertown MA 02472 - Photo 22 38-40 Pequossette St, Watertown MA 02472 - Photo 23 38-40 Pequossette St, Watertown MA 02472 - Photo 24 38-40 Pequossette St, Watertown MA 02472 - Photo 25 38-40 Pequossette St, Watertown MA 02472 - Photo 26 38-40 Pequossette St, Watertown MA 02472 - Photo 27 38-40 Pequossette St, Watertown MA 02472 - Photo 28 38-40 Pequossette St, Watertown MA 02472 - Photo 29 38-40 Pequossette St, Watertown MA 02472 - Photo 30 38-40 Pequossette St, Watertown MA 02472 - Photo 31 38-40 Pequossette St, Watertown MA 02472 - Photo 32 38-40 Pequossette St, Watertown MA 02472 - Photo 33 38-40 Pequossette St, Watertown MA 02472 - Photo 34 38-40 Pequossette St, Watertown MA 02472 - Photo 35 38-40 Pequossette St, Watertown MA 02472 - Photo 36 38-40 Pequossette St, Watertown MA 02472 - Photo 37 38-40 Pequossette St, Watertown MA 02472 - Photo 38 38-40 Pequossette St, Watertown MA 02472 - Photo 39
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour