Located in highly desirable Warrendale, this spacious two-family home offers an exceptional opportunity for homeowners, developers, and investors seeking to build equity. The first-floor apartment features five rooms with two bedrooms, while the second-floor unit offers six rooms with three bedrooms. Both apartments showcase hardwood floors in the living rooms, dining rooms, and bedrooms, along with classic built-in dining room hutches that add timeless character. Double-pane windows provide improved energy efficiency, and each unit includes both front and rear covered porches, perfect for relaxing or enjoying the outdoors. Ideally situated near Waverley Square, this property offers convenient access to local shops, restaurants, parks, Watertown Center, and Arsenal Yards. Enjoy the nearby Charles River walking, jogging, and bike path. Commuters will enjoy easy access to the Massachusetts Turnpike, multiple public transportation options, and the commuter rail.
This home has been viewed 8 times
Last Checked: August 1st, 2026 at 7:23am (Source: MLS PIN #73547064)
Gross Income: $54,000
Gross Expenses: $10,498
Net Income Calc: $43,502
Annual Expenses for 18 Prospect Street, Watertown MA 02472
Total Gross Expenses (Calculated)$10,498/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10498.1
Annual Income & Unit Breakdown for 18 Prospect Street, Watertown MA 02472
Total Gross Income (Calculated)$54,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 18 Prospect Street, Watertown MA 02472
Listing ID73547064
Property TypeMulti Family / 2 Family
Price960000 ($426.67/SqFt)
Style2 Family - 2 Units Up/down
CityWatertown
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2250
Approximate Lot Size (Acres)0.08
Total Parking6
Garage Parking0
Year Built1935
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 SpaceCovered
ZoningS-6
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 18 Prospect Street, Watertown MA 02472
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 18 Prospect Street, Watertown MA 02472
Real Estate Taxes10498.1
Tax Year2026
Assessed Value$860,500
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 18 Prospect Street, Watertown MA 02472
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 18 Prospect Street, Watertown MA 02472