This Watertown multi-family offers two units—one with 2 beds, one with 3 beds—totaling 2,637 sqft. Based on nearby comps and current market data, average monthly rent per unit ranges from $2,900 to $3,500, with larger multi-family units trending higher[2][4]. That puts total potential rent between $5.9K and $7K/month. Annual gross revenue could hit $71K–$84K. Estimated payback period is roughly 12–14 years. Watertown’s rental market is hot, with vacancies under 1% and properties renting quickly (median 17 days)[1]. Classic features like hardwood floors, porches, and a yard add curb appeal and tenant retention, though the property’s 1917 build means updates may be needed.

To maximize rental income, consider updating kitchens and bathrooms, adding in-unit laundry, and enhancing outdoor spaces. Modern amenities and fresh finishes command higher rents in Watertown’s tight market. If selling, highlight expansion potential on the third floor and proximity to top-rated schools, transit, and local dining. A professional photoshoot and detailed marketing package will attract both investors and owner-occupants. Don't overlook the ongoing zoning improvements in the area—they add long-term value.