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Exceptional opportunity in desirable East Watertown! This vacant two-family is ideal for an owner-occupant looking to offset a mortgage with rental income or an investor seeking a well-maintained property in a prime location. Each unit offers 2 bedrooms and 1 bath, blending classic charm with numerous updates. The first-floor unit features an updated kitchen and bath, refinished hardwood floors, replacement windows, newer appliances, and a new hot water heater (2025). Recent improvements include exterior painting, replacement attic windows, updated electrical with separate services and whole-house surge protection, chimney repairs and repointing, new front railings and storm door, plus replacement windows in portions of the second-floor unit. Enjoy a detached two-car garage, fenced backyard, covered porches, and French drains. Conveniently located directly across from the new Watertown High School and just minutes from Arsenal Yards, shopping, dining, public transportation and highways

More Info

Basic Information

  • Gross Income $72,000
  • Lot Features Wooded
  • Mls StatusNew
  • Parcel Number 852946

Basic Information

  • List Price$1,149,900
  • MLS Number73541847
  • Modification Date06/26/2026
  • Property SubType2 Family - 2 Units Up/Down
  • Virtual TourView Tour

Property

  • Acreage0.09

Interior

  • Flooring Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Dining Room
    • Family Room
    • Kitchen
    • Laundry Room
    • Living Room
    • Pantry
    • Remodeled
    • Stone/Granite/Solid Counters
    • Sunroom
    • Upgraded Countertops
    • Walk-Up Attic

Property Information

  • Building Area Source Measured
  • Living Area 2,330
  • Lot Size Square Feet 4,057
  • Lot Size Units Acres
  • Square Feet2,330

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $938,000
  • Tax Year 2026
  • Taxes$11,466

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplace Features Wood Burning
  • Fireplaces Total 2
  • FoundationBlock
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Enclosed, Deck, Patio
  • Rooms13
  • Stories3
  • Units2
  • Year Built1935
  • Year Built Details Actual, Approximate
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic Transportation, Medical Facility, Private School, Public School
  • Appliances IncludedRange, Refrigerator, Washer, Dryer, Dishwasher
  • Other AmenitiesBasement, Fireplace, Garden

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Location

  • Address20-22 Franklin Street
  • Building Number20-22
  • CountyMiddlesex
  • NeighborhoodEast Watertown
  • StateMA
  • StreetFranklin Street
  • SubdivisionEast Watertown
  • TownWatertown
  • Zip02472

Exterior

  • Exterior Features Balcony/Deck, Garden
  • Fencing Fenced/Enclosed, Fenced

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 60 Amps/Less
  • Heat SystemYes
  • Heating Hot Water, Oil
  • Sewer Public Sewer
  • Water Source Public

Map Location

Listed by Scarlett Tamburro of Compass

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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