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204 School St — Photo 11 / 30

$2,350,000

Active

204 School St

Watertown, MA 02472

3,166Sq Ft
$742$/Sq Ft
12,000 sqftLot
1923Built
10Days on Market

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

Price History

Listed

May 14, 2026

$2,350,000

No price changes recorded.

Explore the Neighborhood

Schools Nearby

Watertown Public Schools

5 schools · 10:1 student-teacher ratio

B+6/10

Elementary Schools

Hosmer Elementary School (PK-5)7/10
James Russell Lowell Elementary School (K-5)7/10
Cunniff Elementary School (K-5)5/10

Middle Schools

Watertown Middle School (6-8)5/10

High Schools

Watertown High School (9-12)7/10
Low student-teacher ratios across all schools (10:1 district average)Active arts and music programsGrowing STEM initiativesComprehensive athletics at the high school level

Ratings from GreatSchools & Niche

Full school details →
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Listing Courtesy Of

Bob Airasian · Coldwell Banker Realty - Belmont
(617) 484-5300

MLS #73519444

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.

Home Value