Watertown, MA Residential Income Properties for Lease

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11 properties

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Updated: Jul 16

Updated Second-Floor Apartment

63-65 Evans St Unit 63, Watertown, MA 02472

$3,400/Mo

1,240 sqft

Updated 2‑bedroom, 1‑bath second‑floor apartment (built in 1924) in the Bemis neighborhood
New high‑efficiency heating and central air conditioning
Renovated bathroom; updated kitchen with ample cabinet storage
Bright living and dining rooms plus two additional flexible rooms (home office, guest room, sunroom, or creative space)
In‑building amenities include basement laundry, dedicated basement storage, and additional third‑floor storage

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Updated: Jul 6

Updated 3BR Duplex Rental

32 Forest Street Unit 32, Watertown, MA 02472

$4,100/Mo

1,600 sqft

Completely renovated 3‑bedroom, 1.5‑bath duplex in Watertown
Modern kitchen with stainless steel appliances and quartz countertops
Hardwood floors in spacious living and dining areas
Updated bathrooms with stylish finishes and in‑unit laundry
Shared outdoor space plus off‑street parking

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Renovated 3BR Apartment with Parking

30 Woodleigh Road Unit 30, Watertown, MA 02472

$3,300/Mo

1,440 sqft

Renovated 3-bedroom unit with central A/C, gas heat, and two off-street parking spaces.

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Second-Floor 3BR Apartment

50 Gilbert Street # 50, Watertown, MA 02472

$3,200/Mo

Updated 3-bedroom, 1.5-bath apartment on the second floor of a two-family home with central A/C and garage plus driveway parking.

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3BR Apartment with Basement Laundry

34 Grandview Ave # 34, Watertown, MA 02472

$3,300/Mo

Sunny first-floor 3BR unit with renovated kitchen, hardwood floors, washer and dryer, and two assigned off-street parking spaces.

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Two-Bedroom Rental Unit

9 Olcott Unit 1, Watertown, MA 02472

$2,900/Mo

1,080 sqft

Features hardwood floors, a separate dining room, and in-unit basement laundry plus tandem off-street parking for two cars.

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Two-Family Apartment

7 Hilltop Unit A, Watertown, MA 02472

$3,200/Mo

Well-maintained 3-bedroom, 1-bath unit with hardwood floors and a screened porch.

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Renovated 3-Bed Apartment with Sunroom

45-47 Dartmouth St # 47, Watertown, MA 02472

$3,395/Mo

Newly renovated 2nd-floor unit with three bedrooms, two baths, mini-split AC/heat, and exclusive in-unit washer/dryer.

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Bright 1-Bedroom Apartment Rental

260 Mount Auburn # 1E, Watertown, MA 02472

$2,395/Mo

Well-maintained one-bedroom unit with hardwood floors, updated kitchen appliances, and included heat and hot water.

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Renovated Three-Bedroom Apartment

82 Sparkill # 2, Watertown, MA 02472

$3,100/Mo

Move-in ready three-bedroom, one-bath unit with hardwood floors, stainless appliances, and private off-street parking.

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Renovated Apartment with Bonus Room

55 Elm St # 1, Watertown, MA 02472

$2,600/Mo

Sunny first-floor apartment offers an open living/kitchen layout, hardwood floors, and a bonus room for added flexibility.

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Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 11 Active listings in Watertown, MA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 20 Properties for Sales.

Residential income properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Spacious Multi-Floor Apartment

50 Carleton St Unit 50, Newton, MA 02458

$4,000/Mo

1,624 sqft

Second and third-floor 4-bedroom, 2-bath unit with in-unit laundry and hardwood floors, plus one off-street parking space.

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First-Floor 3BR Apartment

33 Pearl Street # 1, Newton, MA 02458

$3,800/Mo

1,500 sqft

First-floor 3-bedroom, 1.5-bath apartment with in-unit laundry and three off-street parking spots.

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Three-Building Live-Work-Play Apartment Community

525 Common St, Belmont, MA 02478

Contact for pricing

4,200 sqft

Three-building community with 115 residential units and private parking garage for residents and customers.

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Live-Work-Play Community Retail Space

525 Common St, Belmont, MA

Contact for pricing

4,198 sqft 0.58 AC lot

Mixed-use community with retail and luxury residential units for rent.

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Similar Spaces for Sale in Watertown, MA

Consider Similar Space for Sale. We found 20 Spaces matching your search parameters.

Three-Family Residential Income Building

34 Irma Ave, Watertown, MA 02472

$1,375,000

3,643 sqft

Well-maintained three-family property with multiple bedrooms per unit, in-unit laundry, central air on the first floor, and off-street parking.

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Duplex with Detached Two-Car Garage

60-62 Templeton Pkwy, Watertown, MA 02472

$1,150,000

2,578 sqft

Two distinct residences offer flexibility for an owner occupant or investor.

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Renovated Two-Family Duplex

15-17 George Street, Watertown, MA 02472

$1,625,000

3,698 sqft

Two separately configured residences share landscaped outdoor space and a doublewide driveway in Watertown.

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Victorian Multifamily Home

45-47 Barnard Ave, Watertown, MA 02472

$1,549,000

2,890 sqft

Historic residential income property with updated interiors, separate heating systems, and landscaped grounds near Watertown Square.

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Duplex with ADU Potential

52-54 Loomis Ave, Watertown, MA 02472

$1,099,000

3,390 sqft

Two-unit property with a private basement entrance, unfinished attic, and outdoor space beneath mature trees.

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Oversized Two-Family Residence

601-603 Main Street, Watertown, MA 02472

$1,099,900

2,614 sqft

Pristine two-family with eat-in kitchens, formal dining rooms with built-ins, hardwood floors, natural gas heat, and a newer roof.

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Two-Unit Duplex on Corner Lot

146-148 Waverley Ave, Watertown, MA 02472

$1,099,000

2,300 sqft

Renovated first-floor unit, fenced outdoor area, and off-street parking support flexible occupancy.

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Vacant Triplex with Refreshed Interiors

22 Cypress St, Watertown, MA 02472

$1,200,000

2,806 sqft 0.21 AC lot

Three-unit property with refreshed kitchens and baths, separate gas and electric meters, and basement laundry facilities.

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Multi-Family Corner Home with Porch

28 Appleton Street, Watertown, MA 02472

$1,350,000

2,889 sqft

Spacious two-unit multi-family with 13 rooms, multiple bedrooms, and a farmer’s porch on a prominent corner lot.

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Duplex with Separate Rental Unit

7 Hearn, Watertown, MA 02472

$1,099,000

2,300 sqft

The property combines a three-bedroom, two-bath residence with a separate first-floor two-bedroom rental unit.

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Brick Two-Family Duplex with Garage

55-57 York Ave, Watertown, MA 02472

$899,900

1,800 sqft

Brick two-family duplex featuring hardwood floors, two upstairs bedrooms per unit, and a full separate basement.

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Renovated Two-Unit Duplex

652 Belmont Street, Watertown, MA 02472

$1,890,000

3,137 sqft

Historic character pairs with updated kitchens, baths, in-unit laundry, basement storage, and private outdoor space.

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Triplex with Carports

28 Morse St, Watertown, MA 02472

$1,325,000

4,285 sqft 0.19 AC lot

Three-floor residence offers varied unit layouts, a large parking area, and gas-fired heating and hot water.

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Watertown, MA Residential income properties Lease Rates & Market Statistics

Explore 11 Residential income properties for lease in Watertown, MA on Realmo, a commercial real estate exchange covering the Watertown area. The current inventory totals 5,360 square feet of properties — an average of ~500 SF per listing.

Asking lease rates for Residential income properties in Watertown start at $2,395/Mo, average $3,171/Mo, and reach $4,100/Mo at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Watertown accounts for 24% of the 45 residential income properties currently available across Middlesex County, where nearby markets include Cambridge and Lowell.

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