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20-22 Franklin Street, Watertown MA 02472

Active

20-22 Franklin Street, Watertown MA 02472

$1,149,900

Estimated $2,820/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $574,950

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

2330

Total Parking: 8 (2 Garage)

4,057 (0.09)

Exceptional opportunity in desirable East Watertown! This vacant two-family is ideal for an owner-occupant looking to offset a mortgage with rental income or an investor seeking a well-maintained property in a prime location. Each unit offers 2 bedrooms and 1 bath, blending classic charm with numerous updates. The first-floor unit features an updated kitchen and bath, refinished hardwood floors, replacement windows, newer appliances, and a new hot water heater (2025). Recent improvements include exterior painting, replacement attic windows, updated electrical with separate services and whole-house surge protection, chimney repairs and repointing, new front railings and storm door, plus replacement windows in portions of the second-floor unit. Enjoy a detached two-car garage, fenced backyard, covered porches, and French drains. Conveniently located directly across from the new Watertown High School and just minutes from Arsenal Yards, shopping, dining, public transportation and highways

This home has been viewed 4 times

Last Checked: June 26th, 2026 at 7:18pm (Source: MLS PIN #73541847)

Gross Income: $0

Gross Expenses: $11,466

Net Income Calc: $11,466

Annual Expenses for 20-22 Franklin Street, Watertown MA 02472

Total Gross Expenses (Calculated)$11,466/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11466

Annual Income & Unit Breakdown for 20-22 Franklin Street, Watertown MA 02472

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 20-22 Franklin Street, Watertown MA 02472

Listing ID73541847

Property TypeMulti Family / 2 Family

Price1149900 ($493.52/SqFt)

Style2 Family - 2 Units Up/down

CityWatertown

CountyMiddlesex

MLS AreaEast Watertown

Neighborhood(s)

Approximate Living Area Total2330

Approximate Lot Size (Acres)0.09

Total Parking8 (2 Garage)

Garage Parking2

Year Built1935

Year Built SourcePublic Records

Year Built DetailsActual,Approximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

Zoningn/a

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 20-22 Franklin Street, Watertown MA 02472

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

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 20-22 Franklin Street, Watertown MA 02472

Real Estate Taxes11466

Tax Year2026

Assessed Value$938,000

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 20-22 Franklin Street, Watertown MA 02472

Neighborhood(s)

MLS AreaEast Watertown

Area AmenitiesWalk/jog Trails

Contact Information for 20-22 Franklin Street, Watertown MA 02472

Agent

Name: Scarlett Tamburro

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 955.5

Principal & Interest 7085.32

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Scarlett Tamburro

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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    [unparsed] => 20-22 Franklin Street, Watertown MA 02472
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EXIT

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