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227 Common St, Watertown MA 02472

$1,150,000

Estimated $2,979/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $575,000

Total Rent: 31200/year

Estimated CAP Rate:

4 Bedrooms

Baths

2150

Total Parking: 8 (2 Garage)

5,379 (0.12)

Classic Watertown Two-Family with Excellent Value-Add Potential! Located in a convenient neighborhood near Watertown Square, this up/down two-family offers two spacious, nearly identical units, each featuring two bedrooms, a full bath, living room, formal dining room with charming built-ins, and hardwood floors. The second-floor unit also enjoys access to a finished, unheated attic bonus room, offering additional flexible space. Additional highlights include a full basement with laundry and storage, gas heating, a detached two-car garage, and a driveway accommodating four additional vehicles. With kitchens and baths ready for modernization, this property presents an excellent opportunity for an owner-occupant seeking rental income or an investor looking to unlock additional value. Conveniently located near Arsenal Yards, Watertown Square, the Charles River, public transportation, and major commuter routes into Cambridge and Boston.

This home has been viewed 4 times

Last Checked: October 12th, 2026 at 7:53pm (Source: MLS PIN #73589593)

Gross Income: $31,200

Gross Expenses: $13,369

Net Income Calc: $17,831

Water Views

Annual Expenses for 227 Common St, Watertown MA 02472

Total Gross Expenses (Calculated)$13,369/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13369

Annual Income & Unit Breakdown for 227 Common St, Watertown MA 02472

Total Gross Income (Calculated)$31,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 227 Common St, Watertown MA 02472

Listing ID73589593

Property TypeMulti Family

Price1150000 ($534.88/SqFt)

StyleMulti Family

CityWatertown

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2150

Approximate Lot Size (Acres)0.12

Total Parking8 (2 Garage)

Garage Parking2

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area1075

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningS-6

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 227 Common St, Watertown MA 02472

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceAppraiser

ExclusionsKitchen Table

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 227 Common St, Watertown MA 02472

Real Estate Taxes13369

Tax Year2026

Assessed Value$1,095,800

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 227 Common St, Watertown MA 02472

Elementary SchoolJ.R. Lowell Elementary School

Middle SchoolWatertown Middle School

High SchoolWatertown High School

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 227 Common St, Watertown MA 02472

Agent

Name: Jacob Zapata

Office

Name: eXp Realty LLC - Corporate Office

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 1114.08

Principal & Interest 7085.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Jacob Zapata

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [description] => Classic Watertown Two-Family with Excellent Value-Add Potential! Located in a convenient neighborhood near Watertown Square, this up/down two-family offers two spacious, nearly identical units, each featuring two bedrooms, a full bath, living room, formal dining room with charming built-ins, and hardwood floors. The second-floor unit also enjoys access to a finished, unheated attic bonus room, offering additional flexible space. Additional highlights include a full basement with laundry and storage, gas heating, a detached two-car garage, and a driveway accommodating four additional vehicles. With kitchens and baths ready for modernization, this property presents an excellent opportunity for an owner-occupant seeking rental income or an investor looking to unlock additional value. Conveniently located near Arsenal Yards, Watertown Square, the Charles River, public transportation, and major commuter routes into Cambridge and Boston.
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    [unparsed] => 227 Common St, Watertown MA 02472
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EXIT

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