2-Unit Duplex with Separate
27 Woodleigh Rd, Watertown, MA 02472
For Sale
$1,499,000
Updated kitchens and bathrooms serve two residences, with additional space in the basement and attic.
Property Size2,416 SF
Price / SF$620.45
Days on Market10
Property Features for 27 Woodleigh Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Century 21 North East
(617) 389-1129
Listed By:
Fabricia Guedes
(617) 401-1102
Source:
Churchillprop
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 7 at 4:25PM
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 Century 21 North East
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Investment Insights
Based on property information with market context.
At 27 Woodleigh Rd in Watertown, this 2,416-square-foot duplex contains two residences, each with its own entrance. One unit has 2 bedrooms and 1 full bathroom; the other has 3 bedrooms and 1 full bathroom. Both feature updated kitchens and bathrooms. Recent work includes a roof installed in 2021, two composite decks, and two gas hot water tanks added in 2025. Three electrical panels serve the property, and the driveway accommodates up to 10 cars.
Basement and attic space offer options for future use, subject to buyer review and required permits and municipal approvals. The basement may support an ADU, while the attic has independent exterior access currently enclosed within a bedroom. The property is zoned T and is near shops, restaurants, public transportation, and major routes.
Basement and attic space offer options for future use, subject to buyer review and required permits and municipal approvals. The basement may support an ADU, while the attic has independent exterior access currently enclosed within a bedroom. The property is zoned T and is near shops, restaurants, public transportation, and major routes.
Key Highlights
- 2,416‑square‑foot duplex with separate entrances for both units
- One 2‑bedroom, 1‑bathroom unit and one 3‑bedroom, 1‑bathroom unit
- Updated kitchens and bathrooms in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,123
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,460
$1.0M
Cap Rate 7%
$730,329
$730.3K
Cap Rate 9%
$568,033
$568.0K
Market Conditions
NOI Build-Up for 2,416 SF
Gross rent
$76.8K $31.80/SF
− Vacancy
−$3.8K −$1.57/SF
EGI
$73.0K $30.23/SF
− OpEx
−$21.9K −$9.07/SF
NOI
$51.1K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,460
Cap Rate 7%
$730,329
Cap Rate 9%
$568,033
Alternative Uses
Best Use
Multifamily LT 5
$730.3K
$639.0K – $852.1K
NOI $51,123 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$686.7K
$600.9K – $801.2K
NOI $48,070 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,118 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
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Business Placement
Demographics for 02472, MA
35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Watertown, MA
Properties on Market for Duplexes in Watertown
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Updated kitchens and bathrooms serve two residences, with additional space in the basement and attic.
Where is this duplex located?
The property is located at 27 Woodleigh Rd Watertown, MA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 2,416‑square‑foot duplex with separate entrances for both units; One 2‑bedroom, 1‑bathroom unit and one 3‑bedroom, 1‑bathroom unit; Updated kitchens and bathrooms in both residences
