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INVESTMENT SNAPSHOT
About this property
Two new-construction townhomes at The Avenor, offered together on the Watertown/Cambridge line. Built by ARCO Design & Build, 198 and 200 Belmont Street total approximately 6,567 square feet. Each home has four bedrooms, four full and one half baths, a finished lower level, private garage and one exterior parking space. Projected market rent of $8,500 per home, $204,000 gross annually. Delivered vacant and ready to lease or occupy, a strong fit for investors, extended family, or an owner living in one home with income from the other. Open-concept living, custom millwork and refined finishes throughout. Convenient to Harvard Square and Boston, with shopping, dining and public transportation nearby. Also listed individually.
Property details
| Units | 2 |
| Living area | 6,568 sqft |
| Lot size | 7,520 sqft |
| Year built | 2026 |
| Price / sqft | $486 |
| County | Middlesex |
| MLS # | 73598348 |
Listing status
| Days on market | 0 days |
| Listed on | November 3, 2026 |
Taxes & financials
| Annual property tax | $9,999 |
| Tax year | 2026 |
| Assessed value | $9,999 |
| Zoning | 9999 |
| Gross income (actual) | $204,000/yr |
| Net operating income (actual) | $204,000/yr |
| Total actual rent | $17,000/mo |
Building & lot
| Stories | 8 |
| Total rooms | 20 |
| Lot size | 0.17 acres |
| Garage spaces | 2 |
| Parking spaces | 4 |
| Parking | Paved Drive |
| Basement | Finished |
| Foundation | Concrete Perimeter |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Watertown →
Listing courtesy of Serhant — Khoury Group. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 198-200 Belmont Street, Watertown MA 02472 have?
It is a 2-unit multi-family property with 6,568 sqft of living area, built in 2026.
How long has 198-200 Belmont Street, Watertown MA 02472 been on the market?
198-200 Belmont Street, Watertown MA 02472 has been listed for 0 days (since November 3, 2026).
What is the price per unit?
At a list price of $3,190,000 across 2 units, that works out to roughly $1,595,000 per unit.
What are the property taxes on 198-200 Belmont Street, Watertown MA 02472?
Annual property taxes are $9,999 (2026), on an assessed value of $9,999.
What is the price per square foot?
At $3,190,000 for 6,568 sqft, that's about $486 per square foot.
Is there parking?
2 garage spaces and 4 total parking spaces (paved drive).
Where is this property located?
198-200 Belmont Street, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.
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