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Turnkey investment opportunity in one of Watertown's most desirable neighborhoods. Fully renovated in 2025, this well-maintained two-family offers approximately 3,700 SqFt of living space and strong rental income. Unit 15 is a spacious 2-bedroom, 1-bath residence featuring a formal dining room, eat-in kitchen, and bonus office space off the living room, current tenants renewed until 8/31/27 for $3,350/month. Unit 17 offers a similar main level layout with 2 bedrooms and 1 full bath, with 2 additional bedrooms and a second bath on the upper level, currently under rented at $4,050/month. Current tenant is not renewing after 8/31/2026. Private outdoor space for each unit, with a beautiful lawn to share. Doublewide driveway Conveniently located near J.R. Lowell Elementary School, Victory Field, Watertown Square, Arsenal Yards, public transportation, and major commuter routes. A rare opportunity to acquire a renovated, income-producing asset in a prime Watertown location.

More Info

Basic Information

  • Gross Income $88,800
  • Listing Terms Deed Restricted (See Remarks)
  • Lot Features Level
  • Mls StatusNew

Tax Information

  • Tax Assessed Value $1,152,700
  • Tax Year 2026
  • Taxes$14,063

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Tandem, Driveway
  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Basic Information

  • List Price$1,625,000
  • MLS Number73533291
  • Modification Date06/10/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address15-17 George Street
  • Building Number15-17
  • CountyMiddlesex
  • StateMA
  • StreetGeorge Street
  • TownWatertown
  • Zip02136

Building

  • BasementConcrete, Unfinished
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationOther
  • Levels 3
  • Rooms14
  • Stories3
  • Units2
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.14

Interior

  • Flooring Wood

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,698
  • Lot Size Square Feet 5,990
  • Lot Size Units Acres
  • Square Feet3,698

Amenities

  • AmenitiesPublic Transportation, Pool, Park, Private School, Public School
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningT

Other

  • Date Listed06/10/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Adam Aroesty of Hammond Residential Real Estate

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