Welcome to Paul Street in Watertown! Tucked away on a quiet side street, this oversized multi-family home offers exceptional potential and versatility. Featuring hardwood floors throughout, abundant natural sunlight, and off-street parking, the property provides a strong foundation for both homeowners and investors alike.Ideally located near the Charles River Greenway and the New Balance Track, with convenient access to Downtown Boston, Watertown Mall, and Arsenal Yards, this location offers both connectivity and lifestyle. Watertown is also known for its rich history, local museums, and historic estates, along with a vibrant and diverse dining scene. Enjoy a private yard perfect for outdoor relaxation or entertaining. Whether you're seeking an owner-occupied income property or an investment opportunity, this home is full of potential and ready for a buyer with vision to bring it to the next level.
This home has been viewed 3 times
Last Checked: February 17th, 2026 at 7:13pm (Source: MLS PIN #73477725)
Gross Income: $24,000
Gross Expenses: $2,025
Net Income Calc: $21,975
CAP Rate: 2.00%
Annual Expenses for 13-15 Paul Street, Watertown MA 02472
Total Gross Expenses (Calculated)$2,025/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$2,025
Annual Income & Unit Breakdown for 13-15 Paul Street, Watertown MA 02472
Total Gross Income (Calculated)$24,000
Unit 1
Rental Income$2,000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 13-15 Paul Street, Watertown MA 02472
Listing ID73477725
Property TypeMulti Family
Price$1,099,999 ($414/SqFt)
StyleMulti Family
CityWatertown
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,657 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking2
Garage Parking
Year Built1923
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 13-15 Paul Street, Watertown MA 02472
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$24,000
Total Net Income By Broker$24,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 13-15 Paul Street, Watertown MA 02472
Real Estate Taxes$2,025
Tax Year1089
Assessed Value$932,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$24,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.00%
Location Information for 13-15 Paul Street, Watertown MA 02472
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Bike Path, Public Transportation
Contact Information for 13-15 Paul Street, Watertown MA 02472