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Multi-family home at 153 Palfrey St, Watertown — photo 11 / 30

$1,999,900

Active

153 Palfrey St

Watertown, MA 02472

2,914Sq Ft
$686$/Sq Ft
9,500 sqftLot
1880Built
28Days on Market

Listed by Patrick Arone at Colonial Realty Associates, LLC

Listing courtesy of Patrick Arone, Colonial Realty Associates, LLC

Location

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About This Property

PACKAGE SALE ONLY: The $1,999,900 list price includes both 153 and 149 Palfrey Street. The properties must be purchased together and will not be sold separately.153 Palfrey Street is an established four-unit residential property offering current rental income and additional potential. The building contains almost 3,000 square feet of living area, 10 rooms and four full bathrooms according to public records.Units 2, 3 and 4 are occupied under written tenant-at-will agreements and currently generate $5,295 in total monthly rent. Unit 1 is vacant and requires renovation, while Unit 4 has been recently updated.Also included is the adjacent property at 149 Palfrey Street, a well-maintained three-bedroom ranch with central air, two fireplaces, an attached garage and substantial lower-level space.For an investor, the package offers five residences across two adjacent parcels with existing income. For an owner-occupant, it provides rental income from four neighboring apartments while preserving the privacy of a detached single-family home. Cross-reference companion MLS Listing IDs 73573985 and 73573995.

Property Details

Key Facts

Property Type

Multi Family

Year Built

1880

Living Area

2,914 sqft

Lot Size

9,500 sqft

Construction

Basement

Full Basement

Parking Spaces

6

Financial

Taxes (2026)

$15,786/yr

Price / Sqft

$686/sqft

MLS #

73573993

Days on Market

28

Price History

Listed

Sep 9, 2026

$1,999,900

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

Patrick Arone · Colonial Realty Associates, LLC
(617) 977-6025

MLS #73573993

Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated October 3, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.

Home Value