204 School St Watertown, MA ^$ 2,350,000

204 School St

^$ 2,350,000

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Open House 5/16 12pm - 1pm

204 School St

Watertown, MA, 02472

^$ 2,350,000

Bedrooms6 Baths3.0 Sq 3,166

Monthly Estimate*

^$ 14,469

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Multi-Family Home for sale in Watertown, MA

for $2,350,000 with 6 bedrooms and 3 full baths. This 3,166 square foot home was built in 1923 on a lot size of 0.28.

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.

Open House

5/16/2026 12:00 PM - 1:00 PM

5/17/2026 11:00 AM - 12:00 PM

204 School St Watertown, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 2,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,273

Style

3 Family - 3 Units Up/Down

Lot Size

0.28

Year Built

1923

Town/City

Watertown

County/Region

Middlesex

MLS | Web ID

73519444

List By

Bob Airasian

Listing Agent

Coldwell Banker Realty - Belmont

Broker

Affordability Calculator

$15,242

Per Month

Monthly Principal & Interest: $14,469
Monthly Property Taxes: $773
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Watertown, MA

Average List Price ^$1,492,377

Percent of Sale Price 36%

About Watertown, MA

34,740 Population

6% Since 2002

^$93,547 Median Income

41.16 Median Age

21% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/14/2026	$2,350,000		Listed Price

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204 School St, Watertown, MA, 02472 is a Multi-Family Home for sale at $2,350,000 with 3,166 sqft and a lot size of 0.28. 204 School St has 6 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 02472 which is in Watertown, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/15/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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204 School St

Multi-Family Home for sale in Watertown, MA

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