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$1,999,900
7 Beds 6 Baths 73573995 MLS
PACKAGE SALE ONLY: 149 and 153 Palfrey Street are offered together for $1,999,900 and will not be sold separately.A rare opportunity to acquire two adjacent, family-held properties offering a compelling combination of private single-family living, established rental income and meaningful value-add potential.Originally purchased by the same family in 1958, the property was later subdivided, and the single-family residence at 149 Palfrey Street was constructed in 1963. Both properties have remained in the same family for nearly seven decades and are now being offered as one coordinated package.149 Palfrey Street is a well-maintained three-bedroom ranch featuring a fireplaced living room, dining room, den, eat-in kitchen, hardwood floors, central air and an attached garage. The substantial lower level offers a recreation room with a second fireplace, half bath, laundry and utility areas, workshop space and abundant storage. With approximately 2,500 square feet of living space across two levels, the home is comfortable and move-in ready while offering an opportunity to modernize over time.Next door, 153 Palfrey Street is an established four-unit property with approximately 3,000 square feet of living space. Units 2, 3 and 4 are occupied by tenants at will, providing immediate rental income. Unit 1 is vacant and requires renovation, creating an opportunity to improve the space, establish a new market rent and increase the property’s overall income potential. Unit 4 has been recently updated.Tenants are at will. Seller can delivery with the existing tenancies in place or vacant with required notice. No specific vacancy date is represented. An investor may preserve the current income while completing due diligence, planning improvements, obtaining estimates and arranging financing.For an owner-occupant, this package offers the privacy of a detached single-family home with income from four neighboring apartments—without sharing walls with tenants. For an investor, it presents five residences across two adjacent parcels, existing cash flow and immediate value-add potential.Two buildings. Five residences. Nearly seven decades of family ownership. One remarkable Watertown opportunity. Cross-reference companion MLS Listing IDs 73573985 and 73573993.

149-153 Palfrey Street, Watertown

Listing courtesy of Listing Agent: Patrick Arone from Listing Office: Colonial Realty Associates, LLC.

$1,150,000
3 Beds 3 Baths 73571242 MLS
More space, more light, and the feel of new construction—just outside Boston. This fully reimagined 3-bedroom, 2.5-bath Watertown residence offers two levels of living designed for how you actually want to live.Step inside and the first thing you’ll notice is the natural light. Abundant windows and generous proportions create a bright, open feel throughout the home, with enough space to entertain, or host family and friends. A seperate office surrounded by sunlight as you work from home. The expansive primary suite feels like a true premier suite, with an oversized bedroom and two walk-in closets offering the kind of space and storage that can be difficult to find this close to Boston.The outdoor space becomes an extension of the home, with decks at both the front and rear. Start the morning outside with coffee, enjoy dinner on a summer evening, or simply have a place to step outside without leaving home.And while the finishes are what you see, some of the most important upgrades are the ones you don’t. This was a comprehensive renovation taken down to the studs and rebuilt with new electrical, plumbing, roof, windows, flooring, HVAC, insulation, and finishes throughout. It offers the comfort and confidence of a newly rebuilt home without having to sacrifice the character and convenience of an established Watertown neighborhood. Private storage gives you a dedicated place for everything you don’t want taking up living space, while two off-street parking spaces make coming home easy.Located along Mount Auburn Street, you’re positioned just outside Boston with convenient access to the city while getting something increasingly difficult to find closer in: real space, outdoor living, parking, and a home where the major work has already been done.

750 Mount Auburn St. Unit 750, Watertown

Listing courtesy of Listing Agent: Joseph Maiorana from Listing Office: Jason Mitchell Group.

$1,999,900
3 Beds 2 Baths 73573985 MLS
PACKAGE SALE ONLY: The $1,999,900 list price includes both 149 and 153 Palfrey Street. The properties must be purchased together and will not be sold separately.149 Palfrey Street is a well maintained three-bedroom ranch offering comfortable living space across the main and lower levels. The home features a fireplaced living room, dining room, den, eat-in kitchen, hardwood floors, central air and an attached garage. The main level includes three bedrooms and a full bath.The substantial lower level provides a recreation room with a second fireplace, half bath, laundry and utility areas, workshop space and abundant storage. The home contains approximately 2,500 square feet of living area, including below-grade space. It is comfortable and move-in ready while offering an opportunity for future personalization.Also included in the sale is the adjacent property at 153 Palfrey Street, an established four-unit residence. Three apartments are currently occupied by tenants at will, and one apartment is vacant.This coordinated package offers the privacy of a detached single-family home together with rental income from four neighboring apartments without sharing walls with tenants. Two adjacent parcels, two buildings and five residences in one distinctive Watertown offering. Cross-reference companion MLS Listing IDs 73573993 and 73573995

149 Palfrey St, Watertown

Listing courtesy of Listing Agent: Patrick Arone from Listing Office: Colonial Realty Associates, LLC.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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