$10,000

closing credit¹

238-240 Palfrey St Watertown, MA 02472

$2,049,900
6 beds
8 full, 2 partial
4,098 sqft
0.2 acres
$500 / sqft
Multi-Family

Property details

About 238-240 Palfrey St

Discover this fully renovated, expansive 2-family home in a prime Watertown locale! Completely gut renovated in 2022 with taste and elegance. Each unit features 3 bedrooms and 4.5 baths spread across 4 floors of living space, with multiple fireplaces. The finished basement walk-out access to the fenced backyard. Laundry in each unit. Enjoy energy-efficient gas heating and central AC. Each unit boasts a private driveway for added convenience. Located just steps from Watertown Square, you'll have easy access to shops, restaurants, and public transit. Built as two townhouses, this property presents an amazing opportunity for condo conversion, multi-family investors, and owner-occupants alike. Don't miss this opportunity in rapidly growing Watertown - just minutes to the Arsenal, Harvard Square, and Boston Landing! Both units are leased until 08/31/2025.

Highlights

Home typeMulti Family
StatusActive
Size4,098 sqft
BasementYes
Lot size0.18 Acres
Year built1920
ParkingPaved Drive, Off Street
MLS #73294664

Summary

  • MLS Number: 73294664
  • MLS Name: MLS Property Information Network
  • Office Name: EDGE Realty Advisors
  • Office Phone: (617) 477-0601
  • Listing Agent: Matt Gorman

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front property

$2,049,900

238-240 Palfrey St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,206,100$14,111
2023$845,000$11,475
2022$773,300$10,246
2021$757,700$9,282
2020$739,500$8,978
2019$636,100$8,193

History based on county public records data.

Nearby schools

7

Hosmer Elementary School

Public District PK-5

0.6 mi

1 Concord Rd

7

J. R. Lowell Elementary School

Public District KG-5

0.7 mi

175 Orchard St

8

Underwood Elementary School

Public District KG-5

0.9 mi

101 Vernon St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,622. The majority of Watertown, MA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

15%
<35k
56%
35k-100k
25%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
3%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
3%
12-17 yrs old
34%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 238-240 Palfrey St in Watertown, MA and zip code 02472. This 4,098 square foot home, which was built in 1920, sits on a 0.18 acre lot. Features: 6 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $2,049,900.

Over 12 listings were sold over their listed price in December 2024 in Watertown, MA. In the same period over 13 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Watertown, MA between November and December 2024 decreased by 18.8%. Listings spent 38 days on the market in December 2024, and had a median list price of $867,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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