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Location! Situated in an idyllic setting on tree-lined Pequossette Street, this charming 2-family house presents an excellent opportunity for owner occupants, investors as well as developers looking to build equity. Featuring two spacious apartments plus a partially finished lower level, this property offers flexible space with lots of potential for expansion and added value. Unit 1 has 2 bedrooms and 1 bathroom while Unit 2 has a similar layout with additional finished space on the top floor. Enjoy 3 porches, a spacious yard and x parking spaces. Keep the house "as is" with some improvements and collect rent, or renovate and customize for added value. You can generate rental income, enjoy multi-generational living or gain accelerated equity through improvements. Conveniently situated between Watertown Square and Arsenal Yards, near vibrant restaurants, shops, parks, public transport, and commuter routes this property combines location, flexibility and lots of upside potential!

More Info

Basic Information

  • Gross Income $25,200
  • Lot Features Gentle Sloping
  • Mls StatusNew
  • Parcel Number 852429

Tax Information

  • Tax Assessed Value $1,054,700
  • Tax Year 2026
  • Taxes$12,867

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$900,000
  • MLS Number73541362
  • Modification Date06/24/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address38-40 Pequossette
  • Building Number38-40
  • CountyMiddlesex
  • StateMA
  • StreetPequossette
  • TownWatertown
  • Zip02472

Building

  • BasementFull, Partially Finished, Walk-Out Access, Interior Entry
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 4
  • Patio And Porch Features Porch
  • Rooms14
  • Stories4
  • Units2
  • Window Features Storm Window(s)
  • Year Built1923
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Wood

Exterior

  • Fencing Fenced
  • RoofShingle

Utilities

  • Heat SystemYes
  • Heating Baseboard, Oil
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,717
  • Lot Size Square Feet 4,791
  • Lot Size Units Acres
  • Square Feet2,717

Amenities

  • Amenities
    • Bike Path
    • Laundromat
    • Marina
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedRange
  • Other AmenitiesBasement

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Mutlu Group of eXp Realty LLC - Corporate Office

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