46-48 Bridge St Watertown — Photo 1 of 5
$875,000
Investment Analysis — 46-48 Bridge St
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02472 carries an estimated $7,700/mo in gross rent — about a 7.14% cap rate and $62,492/yr in estimated NOI at the $875,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,767
Style
2 Family - 2 Units Side by Side
Built
1850
Excellent opportunity for investors, flippers, and developers looking to expand their real estate portfolio in Watertown! This side-by-side multifamily property at 46–48 Bridge Street is situated on an approximately 9,095 SF corner lot, zoned for residential + mixed-use zoning, offering excellent potential for future development or redevelopment. Ideally positioned in an established residential neighborhood, across the street from a newly renovated (in progress) city park, the property is a short distance to Watertown Square, the Charles River, major roadways, public transportation, shopping, dining, parks, and everyday amenities. With Cambridge,Boston, and surrounding communities just minutes away, this location offers excellent access to all that Greater Boston has to offer. A compelling opportunity for those seeking value-add potential in a desirable and well-connected Watertown location
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Pool • Park • Medical Facility • Highway Access • Private School
Geography
Listing Agent: Camila Dinamarca
Listing Office: Cambridge Realty Group, Inc.
MLS® Number: 73565669
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