Outstanding investment opportunity in Watertown’s sought-after Oakley Country Club and Cushing Square neighborhood. This fully vacant two-family home spans over 3,000 sq ft with five bedrooms, two full baths, and original hardwood floors, high ceilings, and detailed woodwork that showcase timeless charm. Both spacious units offer bright rooms, functional layouts, and strong rental potential. A walk-up third floor provides space for future expansion or an ideal home office. Updates include a brand-new roof installed in 2024. The property also features a two-car concrete-block garage and wide driveway for convenient off-street parking. Perfectly situated just 0.2 miles from Cushing Square cafés and shops, one mile to Belmont Center, and steps to the #73 bus for easy access to Harvard Square and Boston. A prime opportunity for investors or owner-occupants seeking location, versatility, and long-term value in Watertown’s thriving market.
| Units | 2 |
| Living area | 3,098 sqft |
| Lot size | 4,617 sqft |
| Year built | 1920 |
| Price / sqft | $355 |
| County | Middlesex |
| MLS # | 73364177 |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 3,098 sqft of living area, built in 1920.
At a list price of $1,099,000 across 2 units, that works out to roughly $549,500 per unit.
At $1,099,000 for 3,098 sqft, that's about $355 per square foot.
532 Belmont Street, Watertown MA 02472 is in Watertown, Middlesex County, MA 02472.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.