20 Days on market
46-48 Bridge St Watertown — Photo 1 of 5

46-48 Bridge St Watertown — Photo 1 of 5

$875,000

46-48 Bridge St, Watertown, MA 02472

Watertown, MA 02472

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

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$232/sqft
Local Avg (Watertown)$498/sqft
53% BelowMarket Average

* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Watertown, MA.

Property Details

Financials

Original Price$875,000
Annual Taxes$7,732

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
Fireplaces2
Flooring--
BasementInterior Entry, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationBrick/Mortar
ZoningPSCD

Property & Lot

Acres0.21
SqFt Lot9,095
Lot FeaturesCorner Lot

Neighborhood

Shopping • Pool • Park • Medical Facility • Highway Access • Private School

Geography

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)

Listing Provided By

Listing Agent: Camila Dinamarca

Listing Office: Cambridge Realty Group, Inc.

MLS® Number: 73565669

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