
67-69 York Ave Watertown — Photo 1 of 42
Recent Drop: $25,000
$1,000,000
Investment Analysis — 67-69 York Ave
Watertown, MA 02472
Based on rent reported on the MLS listing, a 2-unit multi-family in 02472 carries $4,450/mo in gross rent — about a 2.95% cap rate and $29,491/yr in estimated NOI at the $1,000,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,750
Style
2 Family - 2 Units Side by Side
Built
1939
WONDERFUL WATERTOWN! VIDEO: https://youtu.be/5C9JQjpXhcQ OPEN HOUSE: Sun, 9/6 2-3pm Solid, meticulously maintained brick two-family in East Watertown, ideal for an investor or owner-occupant seeking immediate rental income. Built in 1939 and standing on a 5,500 SF lot, this classic two-story duplex offers 1,750 SF of living area across two mirrored 2-bedroom, 1-bath units — 10 rooms total. Each unit features a bright living room, dining area, eat-in kitchen, screened porch, and two second-floor bedrooms with a full bath. Both units currently have long-term tenants in place, making this a turnkey income property from day one.This home has been meticulously maintained with a steady stream of big-ticket updates: a new roof in 2017, boilers replaced in 2019 and 2020, a new dishwasher installed December 2025, and a new washing machine added February 2026 — giving the next owner real peace of mind on major systems and appliances alike. The full basement is split into two individual sections — one per unit — each with its own utility/mechanical space and a semi-finished room offering flexible storage or non-sleeping bonus space...add heat and you could have 1300sqft+ units! Plus an installed waterproofing system. A detached 2-car garage adds valuable off-street parking, a rare commodity in this part of Watertown.Location is a standout: the property sits directly across from the Lowell Elementary School, and is just under a mile to the Waverley Commuter Rail stop for an easy inbound commute. It's also close to MBTA bus lines and just minutes from the shops, restaurants, and everyday conveniences of Coolidge Square — including Coolidge Hardware, Dunkin', Artemis Yoga, and a mix of local eateries — as well as the broader dining and retail corridor along Trapelo Road in nearby Waverley Square. Commuters and shoppers alike will also appreciate easy access to Arsenal Yards and the Charles River Greenway/bike path system.With income already in place, meticulously maintained mechanical systems, and a location that checks the boxes for schools, transit, and walkable amenities, 67-69 York Ave offers a compelling combination of stability and long-term upside in one of Watertown's most convenient East End pockets.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$1,000,000
Was $1,025,000
Aug 21, 2026
MLS® 73562267
$1,025,000
Aug 11, 2026
MLS® 73562267
Listing Agent: Thomas O'Connor
Listing Office: Conway - West Roxbury
MLS® Number: 73562267

