204-206 School St, Watertown, MA 02472
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$1,400,000
3 Unit
6 Beds
3 Baths
3166 SQFT
0.10 Acre

Property Description

Rare opportunity to acquire a well-maintained legal 3-family home perfectly located in east Watertown. Featuring 16 rooms, 6 bedrooms, 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. Vinyl siding, replacement windows, and an architectural shingle roof. Outstanding location on the bus line and minutes to Arsenal Yards, Charles River, Coolidge Sq., Cambridge/Boston, Watertown Schools, and major highways. Terrific investment opportunity with great rental history in highly desirable east Watertown.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Laundromat, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 88800
  • Net Operating Income: 88800

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1923
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73528750
  • Last Updated: 06/03/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/02/2026New$1,400,000$442MLSPIN

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Seller's Representative: Bob Airasian, Coldwell Banker Realty - Belmont
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-06-03 03:30:00

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