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204 School StWatertown, MA 02472

For Sale

$2,350,000

Smart Buyer Rebate $11,750

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.

Listed by Bob Airasian

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Coldwell Banker Realty - Belmont

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617-515-1560

Last updated June 02, 2026

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Source: MLSPin #73519444

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Watertown
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu32
  • Taxes$9,273/year
  • Size3,166 sqft
  • Price per sqft$742

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

05/14/2026
Listed by Coldwell Banker Realty - Belmont
$2,350,000

Property Details for 204 School St

Association

Amenities

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, House Of Worship, Private School, Public School

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1923
  • Year Built Details: Approximate

Features

  • Fencing: Fenced/Enclosed
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,166
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.28
  • Lot Size Area: 0
  • Lot Size Square Feet: 12,000
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $130,800.00

Taxes

  • Parcel Number: M:1027 B:0034 L:0198,853105
  • Tax Annual Amount: $9,273.00
  • Tax Assessed Value: $793,900.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,166
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Concrete, Unfinished
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 20

Other

General

  • Exclusions: Tenants Belongings

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 5
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Hosmer

High School

  • High School: Whs

Middle or Junior School

  • Middle Or Junior School: Wms

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 204 School St.

What schools are nearby to 204 School St?

Nearby schools include the Hosmer Elementary School, Wms Middle School, and Whs High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 204 School St.

What are the annual taxes for 204 School St?

Annual taxes for this multi-family home are estimated at $9,273.

How does 204 School St compare to other multi-family homes in East Watertown?

This multi-family home is listed 72% above the average price for multi-family homes in East Watertown and has been on the market for 13 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,166 sqft.

204 School St is a 6-bedroom, 3-bath multi-family home for sale in Watertown MA 02472. On Prevu for 32 days at $2,350,000. This property features 3,166 square feet of living space, located in East Watertown. The median listing price for multi-family homes in this area is $1,197,000. Nearby schools include Hosmer Elementary School, Wms Middle School, and Whs High School. The home offers private outdoor space and parking. Explore more multi-family home listings in Watertown Town.

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.