Excellent opportunity for investors, flippers, and developers looking to expand their real estate portfolio in Watertown! This side-by-side multifamily property at 46–48 Bridge Street is situated on an approximately 9,095 SF corner lot, zoned for residential + mixed-use zoning, offering excellent potential for future development or redevelopment. Ideally positioned in an established residential neighborhood, across the street from a newly renovated (in progress) city park, the property is a short distance to Watertown Square, the Charles River, major roadways, public transportation, shopping, dining, parks, and everyday amenities. With Cambridge,Boston, and surrounding communities just minutes away, this location offers excellent access to all that Greater Boston has to offer. A compelling opportunity for those seeking value-add potential in a desirable and well-connected Watertown location
This home has been viewed 3 times
Last Checked: September 15th, 2026 at 7:48am (Source: MLS PIN #73565669)
Gross Income: $0
Gross Expenses: $7,732
Net Income Calc: $7,732
Annual Expenses for 46-48 Bridge St, Watertown MA 02472
Total Gross Expenses (Calculated)$7,732/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7732
Annual Income & Unit Breakdown for 46-48 Bridge St, Watertown MA 02472
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
Rent Includes
General Information for 46-48 Bridge St, Watertown MA 02472
Listing ID73565669
Property TypeMulti Family / 2 Family
Price875000 ($232.28/SqFt)
Style2 Family - 2 Units Side By Side
CityWatertown
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3767
Approximate Lot Size (Acres)0.21
Total Parking6
Garage Parking0
Year Built1850
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningPSCD
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 46-48 Bridge St, Watertown MA 02472
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRequest Details
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 46-48 Bridge St, Watertown MA 02472
Real Estate Taxes7732
Tax Year2026
Assessed Value$633,800
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 46-48 Bridge St, Watertown MA 02472
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 46-48 Bridge St, Watertown MA 02472