
149 Palfrey St Watertown — Photo 1 of 37
$1,999,900
149 Palfrey St, Watertown, MA 02472
Watertown, MA 02472
Beds
3
Baths
1.5
SqFt
2,496
Style
Single Family
Built
1963
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
Immersive Experience
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Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Watertown, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23.666666666 x 13.916666666
Closet, Flooring - Hardwood
Dining Room
Lvl Main,First11.666666666 x 11.75
Flooring - Hardwood, Lighting - Pendant
Kitchen
Lvl Main,First13 x 11.75
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Lighting - Overhead, Beadboard
Family Room
Lvl Basement22.166666666 x 12.583333333
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Cable Hookup
Master Bedroom
Lvl Main,First14.583333333 x 11.583333333
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First11.166666666 x 10.083333333
Bedroom 3
Lvl Main,First10.583333333 x 14
Ceiling Fan(s), Closet, Flooring - Hardwood, Flooring - Wood
Bathroom 1
Lvl Main,First8 x 8.666666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8.916666666 x 7
Bathroom - Half, Dryer Hookup - Electric
Population
35,620
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$126K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
52.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,496 sq ft principal dwelling). Lot size: 5,900 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Patrick Arone
Listing Office: Colonial Realty Associates, LLC
MLS® Number: 73573985
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