
153 Palfrey St Watertown — Photo 1 of 40
Beds
4
Baths
4
SqFt
2,914
Style
4 Family
Built
1880
PACKAGE SALE ONLY: The $1,999,900 list price includes both 153 and 149 Palfrey Street. The properties must be purchased together and will not be sold separately.153 Palfrey Street is an established four-unit residential property offering current rental income and additional potential. The building contains almost 3,000 square feet of living area, 10 rooms and four full bathrooms according to public records.Units 2, 3 and 4 are occupied under written tenant-at-will agreements and currently generate $5,295 in total monthly rent. Unit 1 is vacant and requires renovation, while Unit 4 has been recently updated.Also included is the adjacent property at 149 Palfrey Street, a well-maintained three-bedroom ranch with central air, two fireplaces, an attached garage and substantial lower-level space.For an investor, the package offers five residences across two adjacent parcels with existing income. For an owner-occupant, it provides rental income from four neighboring apartments while preserving the privacy of a detached single-family home. Cross-reference companion MLS Listing IDs 73573985 and 73573995.
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Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Watertown, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
None • Range • Refrigerator • Freezer • Washer • Dryer • Microwave
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Population
35,620
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$126K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
52.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Patrick Arone
Listing Office: Colonial Realty Associates, LLC
MLS® Number: 73573993
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