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$2,350,000
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Property Description
Rare opportunity to acquire 2 abutting properties being sold as a package, offering 4 rentable units: a well-maintained 3-family home and separate commercial building. The 3-family home features 6 beds, 3 bathrooms, and 3 levels of living space. The property has been well maintained w/ hardwood floors, abundant natural light, excellent ceiling height, and an updated kitchen in Unit 2. Each unit is serviced w/ its own heating system, electrical panel, and hot water tank. The commercial building sits on a T-zoned lot totaling over 7,500 square feet. Potential options include: 2-unit development w/ ADU opportunity or use/rent the building as is...buyers to perform their own due diligence w/ the city. Both properties feature curb cuts, providing sufficient off-street parking. Outstanding location on the bus line and minutes to Arsenal Yards, Charles River, Cambridge and Boston. A unique investment opportunity in highly desirable east Watertown.
Full Property Details
Full Property Details for 204 School St
General
- Price: $2,350,000
- Taxes: $999 (2026)
- Status: Active
- Type: Land Residential
- Source: MLSPin
- MLS ID: 73519446
- Updated: 5/18/2026
- Added to Site: 53 day(s) ago
Location
- County: Middlesex
- Driving Directions: Corner of School St. and Mt Auburn St.
School Information
- Elementary School: Hosmer
- Middle School: Wms
- High School: Whs
Utilities
- Gas: Nearby
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 0.28
- Lot Dimensions: .28
- Frontage: Public
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $999
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: See Firm Remarks section of the MLS listing
- Property ID: M:1027 B:0034 L:0198, 853105
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 204 School St
School District:Watertown School District
| Name | Grades | Distance |
|---|---|---|
Hosmer Elementary School 1 Concord Road, Watertown, MA 02472 | PK-5 | 0.2 mi |
Watertown Middle School 68 Waverley Avenue, Watertown, MA 02472 | 6-8 | 1.3 mi |
Watertown High School 50 Columbia Street, Watertown, MA 02472 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 204 School St
Date
Details
Price
Change
Source
5/14/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 204 School St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,273
5%
$793,900
6%
2024
$8,803
-13%
$752,400
1%
2023
$10,116
5%
$744,900
2%
2022
$9,643
15%
$727,800
6%
2021
$8,386
2%
$684,600
2%
2020
$8,186
1%
$674,300
7%
2019
$8,094
2%
$628,400
7%
2018
$7,900
13%
$586,500
17%
2017
$6,992
2%
$503,400
—
2016
$6,861
11%
$501,500
22%
2015
$6,180
—
$411,200
—
2014
$6,152
2%
$411,200
—
2013
$6,036
—
$411,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 204 School St
204 School St, Watertown, MA 02472 (MLS# 73519446) is a Land Residential property with a lot size of 0.28 acres. 204 School St is currently listed for $2,350,000 and was received on May 14, 2026. This property is listed by Bob Airasian from our Belmont Office.Want to learn more about 204 School St? Do you have questions about finding other Land Residential real estate for sale in Watertown? You can browse all Watertown real estate or contact a Coldwell Banker agent to request more information.


