Back to Search
Mixed-Use Income Package Opportunity

204 School St Watertown Watertown, MA 02472

204 School St Watertown, Watertown, MA, 02472
$2,350,000
For Sale
$2,350,000

Package includes a maintained 3-family home and a separate commercial building with curb cuts and off-street parking.

Days on Market69

Property Features for 204 School St Watertown

General Information

Standard status
Active
Property subtype
Land
Listing agency
Listed by Brian DaSilva
Source Milestonerealtyinc
Added: May 15 Updated: Jul 21 at 2:38PM Checked: Jul 21 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian DaSilva


Investment Insights

Based on property information with market context.

This offering presents a package of two abutting properties: a well-maintained 3-family home plus a separate commercial building, providing four rentable units in total. The residential portion includes 6 bedrooms, 3 bathrooms, and three levels of living space, with hardwood floors, abundant natural light, and an updated kitchen in Unit 2. Each unit has its own heating system, electrical panel, and hot water tank.

The commercial building is situated on a T-zoned lot totaling over 7,500 square feet. Both properties include curb cuts for off-street parking. The location is on the bus line, with minutes to Arsenal Yards, the Charles River, Cambridge, and Boston. Buyers should conduct their own due diligence with the city regarding potential options, including development or use/rental of the building as-is.

Key Highlights

  • Package sale includes 2 abutting properties: a well‑maintained 3‑family home and a separate commercial building.
  • Total of 4 rentable units: 3‑family home plus separate commercial building.
  • 3‑family home offers 6 beds and 3 bathrooms across 3 levels, with hardwood floors, abundant natural light, and an updated kitchen in Unit 2.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store Cosmetic Store Home Appliance Store Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Package includes a maintained 3-family home and a separate commercial building with curb cuts and off-street parking.
Where is this triplex located?
The property is located at 204 School St Watertown Watertown, MA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Package sale includes 2 abutting properties: a well‑maintained 3‑family home and a separate commercial building.; Total of 4 rentable units: 3‑family home plus separate commercial building.; 3‑family home offers 6 beds and 3 bathrooms across 3 levels, with hardwood floors, abundant natural light, and an updated kitchen in Unit 2.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message