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.
This home has been viewed 20 times
Last Checked: May 19th, 2026 at 4:58am (Source: MLS PIN #73519446)
General Information for 204 School St, Watertown MA 02472
Listing ID73519446
Price2350000
Land TypeResidential
Approx AcresApprox. 0.28 acres (12,000 SqFt)
Number of Lots
Road Frontage Type
ZoningT
Electric220 Volts
GasNearby
WaterPublic
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
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Disclosures for 204 School St, Watertown MA 02472
Special Listing Conditions
Financial Information for 204 School St, Watertown MA 02472
Association Fee
Tax999
Tax Year2026
Assessed Value$999
Contact Information for 204 School St, Watertown MA 02472