16 Lyons St Watertown, MA 02472
East Watertown NeighborhoodEstimated payment $7,939/month
Highlights
- Medical Services
- Home Office
- Shops
- Property is near public transit
- Jogging Path
- Combination Dining and Living Room
About This Home
Recently updated, side-by-side duplex on the Cambridge line in East Watertown! 16 Lyons was updated in 2021 with new flooring, cabinets, counters, fixtures, and paint. This unit has a large open living/kitchen area, three large bedrooms, and THREE full baths with bonus space in the finished basement. 18 Lyons was updated in 2022 with new flooring, kitchen cabinets/counters, appliances, fixtures, and paint. This unit has a good sized open kitchen/living/dining area, four bedrooms plus an office, and also has THREE full baths. This is a well kept asset in an A+ location to add to any investment portfolio, owner occupy with rental income, or a potential condo conversion. Large lot with ample parking for 7+ cars or space for a possible ADU build. The property sits at the end of a dead end road and abuts two streets for easy access. Both units leased until 8/31/2026.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,796
Year Built
- Built in 1950
Lot Details
- 6,683 Sq Ft Lot
- Street terminates at a dead end
- Level Lot
Parking
- 7 Car Parking Spaces
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Combination Dining and Living Room
- Home Office
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
Community Details
Overview
- 2 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
Recreation
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $21,441
- Net Operating Income $73,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,916 | $934,600 | $407,700 | $526,900 |
| 2024 | $11,399 | $974,300 | $410,300 | $564,000 |
| 2023 | $13,044 | $960,500 | $402,700 | $557,800 |
| 2022 | $11,779 | $889,000 | $364,700 | $524,300 |
| 2021 | $8,879 | $724,800 | $338,100 | $386,700 |
| 2020 | $8,527 | $702,400 | $319,100 | $383,300 |
| 2019 | $6,969 | $541,100 | $281,200 | $259,900 |
| 2018 | $6,697 | $497,200 | $258,400 | $238,800 |
| 2017 | $6,273 | $451,600 | $212,800 | $238,800 |
| 2016 | $5,866 | $428,800 | $191,500 | $237,300 |
| 2015 | $6,445 | $428,800 | $191,500 | $237,300 |
| 2014 | $6,415 | $428,800 | $191,500 | $237,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | For Sale | $1,290,000 | 0.0% | $487 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/30/2025 01/30/25 | For Rent | $3,900 | 0.0% | -- |
| 01/14/2025 01/14/25 | For Rent | -- | -- | -- |
| 12/02/2024 12/02/24 | For Rent | $3,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $962,500 | None Available | |
| Deed | $297,500 | -- | |
| Deed | $290,000 | -- | |
| Deed | $290,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $721,875 | Purchase Money Mortgage | |
| Previous Owner | $223,000 | Purchase Money Mortgage | |
| Previous Owner | $244,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73416209
APN: WATE-001620-000004-000021
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