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48-50 California St, Watertown MA 02472

$945,000

Estimated $2,414/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $472,500

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

2444

Total Parking: 8 (2 Garage)

6,379 (0.15)

Private weekend showings by APPOINTMENTS ONLY.Location, location, location. Set directly across the Charles River with beautiful views of the park and a nearby waterfall, this property offers a truly special setting within the Charles River Conservation area. Held within the same family for two generations, it presents a rare opportunity to reimagine and transform.In need of a full RENOVATION/REHAB, this home is ideal for builders, investors, or end users ready to take on a substantial project and unlock its full potential.SHOWINGS BY APPOINTMENT ONLY: SATURDAY & SUNDAY FROM 10:00 AM–12:00 PM AND 2:00 PM–5:00 PM.PLEASE EMAIL THE LISTING AGENT TO SCHEDULE A SHOWING AND INCLUDE A COPY OF YOUR PRE-APPROVAL OR PROOF OF FUNDS.OFFER DEADLINE: MONDAY AT 2:00 PM. All information is provided for marketing purposes only. Buyers to conduct their own due diligence. Seller and seller’s agent make no representations or warranties, express or implied. PROPERTY IS SOLD STRICTLY AS-IS.

This home has been viewed 4 times

Last Checked: May 1st, 2026 at 7:18pm (Source: MLS PIN #73511045)

Gross Income: $0

Gross Expenses: $10,581

Net Income Calc: $10,581

Water Views

Annual Expenses for 48-50 California St, Watertown MA 02472

Total Gross Expenses (Calculated)$10,581/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10581

Annual Income & Unit Breakdown for 48-50 California St, Watertown MA 02472

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 48-50 California St, Watertown MA 02472

Listing ID73511045

Property TypeMulti Family

Price945000 ($386.66/SqFt)

StyleMulti Family

CityWatertown

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2444

Approximate Lot Size (Acres)0.15

Total Parking8 (2 Garage)

Garage Parking2

Year Built1932

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningT

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront Features

Terms

Disclosures for 48-50 California St, Watertown MA 02472

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 48-50 California St, Watertown MA 02472

Real Estate Taxes10581

Tax Year2025

Assessed Value$905,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 48-50 California St, Watertown MA 02472

Neighborhood(s)

Area Amenities

Contact Information for 48-50 California St, Watertown MA 02472

Agent

Name: Katya Malakhova

Office

Name: William Raveis R. E. & Home Services

Phone: 617-731-7737

Payment Calculator

, Interest

Property Taxes 881.75

Principal & Interest 5822.79

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R. E. & Home Services

Katya Malakhova

Agent Phone

Office Phone

(617) 731-7737

Text Agent Call Agent Call Office

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    [unparsed] => 48-50 California St, Watertown MA 02472
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EXIT