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38-40 Pequossette, Watertown MA 02472

$900,000

Estimated $2,532/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $450,000

Total Rent: 25200/year

Estimated CAP Rate:

4 Bedrooms

Baths

2717

Total Parking: 6

4,791 (0.11)

Location! Situated in an idyllic setting on tree-lined Pequossette Street, this charming 2-family house presents an excellent opportunity for owner occupants, investors as well as developers looking to build equity. Featuring two spacious apartments plus a partially finished lower level, this property offers flexible space with lots of potential for expansion and added value. Unit 1 has 2 bedrooms and 1 bathroom while Unit 2 has a similar layout with additional finished space on the top floor. Enjoy 3 porches, a spacious yard and x parking spaces. Keep the house "as is" with some improvements and collect rent, or renovate and customize for added value. You can generate rental income, enjoy multi-generational living or gain accelerated equity through improvements. Conveniently situated between Watertown Square and Arsenal Yards, near vibrant restaurants, shops, parks, public transport, and commuter routes this property combines location, flexibility and lots of upside potential!

This home has been viewed 2 times

Last Checked: June 25th, 2026 at 10:48am (Source: MLS PIN #73541362)

Gross Income: $25,200

Gross Expenses: $12,867

Net Income Calc: $12,333

Water Views

Annual Expenses for 38-40 Pequossette, Watertown MA 02472

Total Gross Expenses (Calculated)$12,867/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12867

Annual Income & Unit Breakdown for 38-40 Pequossette, Watertown MA 02472

Total Gross Income (Calculated)$25,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 38-40 Pequossette, Watertown MA 02472

Listing ID73541362

Property TypeMulti Family / 2 Family

Price900000 ($331.25/SqFt)

Style2 Family - 2 Units Up/down

CityWatertown

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2717

Approximate Lot Size (Acres)0.11

Total Parking6

Garage Parking0

Year Built1923

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38-40 Pequossette, Watertown MA 02472

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv On The Deck And Garage Tv

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 38-40 Pequossette, Watertown MA 02472

Real Estate Taxes12867

Tax Year2026

Assessed Value$1,054,700

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 38-40 Pequossette, Watertown MA 02472

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 38-40 Pequossette, Watertown MA 02472

Agent

Name: The Mutlu Group

Office

Name: eXp Realty LLC - Corporate Office

Phone: 888-854-7493

Team Members

Name: Gem Mutlu

Payment Calculator

, Interest

Property Taxes 1072.25

Principal & Interest 5545.51

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

The Mutlu Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

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