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Robin Smith
REALTOR®
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153 Palfrey St, Watertown, MA 02472

$1,999,900
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New to the Market Active
BEDS4 BATHS4 full SQUARE FEET2,914 MLS#73573993
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

153 Palfrey St | MLS# 73573993

This multi-family property located at 153 Palfrey St, Watertown, MA 02472 is currently listed for sale with an asking price of $1,999,900. Search Watertown real estate on robinsmith.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial, Interior Entry, Unfinished
Basement: Yes
Cooling: Window Unit(s)
Fireplaces: 1
Heating: Hot Water, Oil, Steam, Baseboard
Lot Size: 0.22 Acres
Roof Type: Rubber
Stories: 6.0
Taxes: $15,786
Year Built: 1880

Amenities

Storage
Pantry
Bathroom With Tub & Shower
Ceiling Fan(s)
Studio
Upgraded Cabinets
Upgraded Countertops
Bathroom with Shower Stall
Remodeled
Living Room
Kitchen
Laundry Room
Living RM/Dining RM Combo
Mudroom
Balcony/Deck
Rain Gutters
Stone Wall

Feature Descriptions

Appliances: None, Range, Refrigerator, Freezer, Washer, Dryer, Microwave
Building Area Total: 2914
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 2
Dwelling Type: 4 Family
Electric: Circuit Breakers,200+ Amp Service
Exclusions: None
Exterior: Frame, Brick, Stone, Block
Fireplace Y/N: Yes
Flooring: Tile, Vinyl, Concrete, Varies, Hardwood, Stone/Ceramic Tile
HeatingY/N: 1
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Lot Features: Wooded, Easements, Cleared
Open Parking Y/N: Yes
Parcel Number: M:0327 B:009Y L:0000,848147
Parking Features: Paved Drive, Shared Driveway, Off Street, Assigned
Parking Total: 6
Patio And Porch: Porch, Deck
Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Electric, Gas, Water, Hot Water)
Rooms Total: 11
Sewer: Public Sewer
Special View Info: Scenic View(s)
Units: 4
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
Water: Public
Window Features: Screens
Wooded: Yes

Local Schools

High School: Watertown High
Middle School: Watertown Middle
Elementary School: Lowell Elementary

Listed By / Shown By

Listed By

Agency Name: Colonial Realty Associates, LLC
Agent Name: Patrick Arone
Agency Phone: 617-977-6025

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Estimated Payment

$ 6,349.71 per month $4,450.91 Principal & Interest $1,315.50 Property Tax $583.30 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 09/11/2026. The listing information on this page last changed on 09/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/11/2026 4:01:49 AM EST) or MLSPIN MLS (last updated Thu 09/10/2026 11:38:50 PM EST) or Prime MLS (last updated Thu 09/10/2026 11:33:28 PM EST) or MREIS (last updated Fri 09/11/2026 2:05:15 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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