$1,250,000
PENDING

287 Lexington St Watertown, MA 02472

Estimated payment $7,876/month

Total Views 3,213
4 Beds
5 Baths
2,784 Sq Ft
$449 Price per Sq Ft

Highlights

  • Wood Flooring
  • Tandem Parking
  • Dining Room
  • 2 Fireplaces
  • Living Room
  • Baseboard Heating

About This Home

An exhilarating chance awaits you to claim ownership of this exquisite brick-front multi-family residence situated in the charming city of Watertown. The professionally landscaped exterior boasts generous off-street parking. Upon entering, you will discover the second floor, which features a spacious three-bedroom living area adorned with a cozy brick fireplace. The family bathroom is conveniently located off the hall, while the main bedroom enjoys its own private 3/4 bath. Additionally, a pull-down attic. The first-floor living area mirrors the second, also comprising three bedrooms, a family bath off the hall, and a 3/4 bath adjacent to the main bedroom. The living room is graced with a brick fireplace and a delightful bay window. Elegant hardwood flooring enhances the bedroom, dining, and living areas. In the lower walkout level, you will find a kitchen, a 3/4 bath, one bedroom, and a living room featuring yet another brick fireplace. OPEN HOUSE SUNDAY 12 to 3 JUNE 8th

Listing Agent

Phyllis Larkin

Larkin & Larkin Real Estate Listed on: 06/06/2025

Co-Listing Agent

Doug Walters

Larkin & Larkin Real Estate

Co-Listing Agent

Zhuoming Sun

Larkin & Larkin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,511

Year Built

  • Built in 1940

Lot Details

  • 5,680 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,784 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 200+ Amp Service

Community Details

  • 2 Units
  • Net Operating Income $58,200

Listing and Financial Details

  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Assessor Parcel Number M:0359 B:0027D L:0001,848654

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,511

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1940
  • Levels: 2
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Interior Amenities: Living Room, Dining Room, Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bathrooms: 4
  • Basement: Full, Partially Finished
  • Above Grade Finished Sq Ft: 2784
  • Living Area: 2784
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: B33021
  • LIST PRICE PER Sq Ft: 448.99
  • PRICE PER Sq Ft: 448.99

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0359 B:0027D L:0001,848654
  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5680
  • Lot Size Units: Acres
  • PAGE: 215

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11511
  • Tax Book Number: 58881

Multi Family

  • Gross Income: 58200
  • Net Operating Income: 58200
  • Number Of Units Total: 2
  • Total Actual Rent: 4850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,511 $985,500 $460,900 $524,600
2024 $10,422 $890,800 $461,500 $429,300
2023 $11,930 $878,500 $454,100 $424,400
2022 $11,097 $837,500 $409,400 $428,100
2021 $9,713 $792,900 $379,600 $413,300
2020 $9,521 $784,300 $379,600 $404,700
2019 $8,964 $696,000 $361,000 $335,000
2018 $8,545 $634,400 $331,200 $303,200
2017 $8,658 $623,300 $320,100 $303,200
2016 $8,349 $610,300 $307,100 $303,200
2015 $7,604 $505,900 $279,100 $226,800
2014 $7,179 $479,900 $253,100 $226,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $1,250,000 +149.4% $449 / Sq Ft
04/12/2012 04/12/12 Sold $501,270 -7.0% $180 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $539,000 -- $194 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $501,270 --
Deed $570,000 --
Warranty Deed $570,000 --
Deed $570,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $18,975,000 Unknown
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $230,000 No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73386810

MLS Property Information Network (MLS PIN)

APN: WATE-000359-000027D-000001