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$900,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 0.11 Acres
  • Updated 6 minutes ago

Next open house:

Open House: 11:00 AM - 1:00 PM

Saturday 6/27 11:00 AM - 1:00 PM

38-40 Pequossette St,Watertown, MA 02472

38-40 Pequossette StWatertownMA02472

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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!

Full Property Details for 38-40 Pequossette St

General

  • Price: $900,000
  • Taxes: $12,867 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73541362
  • Updated: 6/25/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: Paved Drive, Off Street

Location

  • County: Middlesex

Structural Information

  • Basement: Yes
  • Stories/Levels: 4
  • Square Feet: 2,717
  • Year Built: 1923

Lot Features

  • Lot Size (Acres): 0.11

Financial Considerations

  • Tax Amount: $12,867
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Unit 2 has finished attic space. There is additional partially finished space in the lower level. Seller will review any offers after 6pm on Saturday 6/27, please allow time for response.
  • Property ID: 852429

Listed by eXp Realty LLC - Corporate Office, The Mutlu Group and Gem Mutlu

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Listing agents

— 38-40 Pequossette St —

  • The Mutlu Group

    eXp Realty LLC - Corporate Office

  • Gem Mutlu

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38-40 Pequossette St

School District:Watertown School District
NameGradesDistance
Hosmer Elementary School
1 Concord Road, Watertown, MA 02472
PK-50.5 mi
Watertown Middle School
68 Waverley Avenue, Watertown, MA 02472
6-81.2 mi
Watertown High School
50 Columbia Street, Watertown, MA 02472
9-120.6 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 38-40 Pequossette St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$900,000
237.71%
MLS
8/08/1997
Sold
$266,500
—
Public Record
Get Price Alerts and Save Property
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 for 38-40 Pequossette St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,971
9%
$1,024,900
9%
2024
$11,032
-11%
$942,900
3%
2023
$12,437
7%
$915,800
5%
2022
$11,600
12%
$875,500
4%
2021
$10,359
4%
$845,600
3%
2020
$9,980
3%
$822,100
9%
2019
$9,683
4%
$751,800
9%
2018
$9,301
4%
$690,500
7%
2017
$8,928
5%
$642,800
3%
2016
$8,543
12%
$624,500
23%
2015
$7,650
4%
$509,000
4%
2014
$7,339
2%
$490,600
—
2013
$7,202
—
$490,600
—
View All
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 for 38-40 Pequossette St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty LLC - Corporate Office, The Mutlu Group and Gem Mutlu

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38-40 Pequossette St, Watertown, MA 02472 (MLS# 73541362) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 38-40 Pequossette St is currently listed for $900,000 and was received on June 24, 2026. Want to learn more about 38-40 Pequossette St? Do you have questions about finding other Multi-Family real estate for sale in Watertown? You can browse all Watertown real estate or contact a Coldwell Banker agent to request more information.

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