Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!
5,632 Sq Ft
0.31 Private Acres Lot Size
investment
US$1,157 Monthly Tax
Built in 1905
MLS/Listing ID 73591277
3 Stories
4 Units
Public Sewer
Public Water
Community - Public School
Community - T-Station
Community - University
Construction - Frame
Cooling - Central Air
Insulated Windows
Tar and Gravel Roof
Covered
Deck - Wood
Porch
Parking - Paved
Parking - Off Street
Lot - Level
Dryer Hookup
Washer Hookup
Dining Room
Living Room
Heating - Natural Gas
Brick Mortar
Carpet
Tile
Rain Gutters
Balcony - Deck
Washer
Freezer
Refrigerator
Disposal
Range
Community - House of Worship
Community - Highway Access
Community - Conservation Area
Community - Bike Path
Community - Laundromat
Community - Medical Facility
Community - Walk/Jog Trails
Community - Park
Community - Tennis Courts
Community Pool
Community - Shopping
Community - Public Transportation
Dishwasher
Dryer
TOTAL MONTHLY COST
US$0
US$0
US$0
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