$2,350,000
Active204 School St
Watertown, MA 02472
Listed by Bob Airasian at Coldwell Banker Realty - Belmont
Listing courtesy of Bob Airasian, Coldwell Banker Realty - Belmont
About This Property
Rare opportunity to acquire 2 abutting properties being sold as a package, offering 4 rentable units: a well-maintained 3-family home and separate commercial building. The 3-family home features 6 beds, 3 bathrooms, and 3 levels of living space. The property has been well maintained w/ hardwood floors, abundant natural light, excellent ceiling height, and an updated kitchen in Unit 2. Each unit is serviced w/ its own heating system, electrical panel, and hot water tank. The commercial building sits on a T-zoned lot totaling over 7,500 square feet. Potential options include: 2-unit development w/ ADU opportunity or use/rent the building as is'buyers to perform their own due diligence w/ the city. Both properties feature curb cuts, providing sufficient off-street parking. Outstanding location on the bus line and minutes to Arsenal Yards, Charles River, Cambridge and Boston. A unique investment opportunity in highly desirable east Watertown.
Property Details
Key Facts
Property Type
Multi Family
Year Built
1923
Living Area
3,166 sqft
Lot Size
12,000 sqft
Construction
Basement
Full Basement
Parking Spaces
5
Garage Spaces
1
Financial
Taxes (2025)
$9,273/yr
Price / Sqft
$742/sqft
MLS #
73519444
Days on Market
10

Sarina Steinmetz
617.610.0207Price History
Listed
May 14, 2026
$2,350,000
No price changes recorded.
Explore the Neighborhood
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View Walk Score & Transit Score →Schools Nearby
Watertown Public Schools
5 schools · 10:1 student-teacher ratio
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Ratings from GreatSchools & Niche
Full school details →Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated May 24, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.