Unit Information
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!
- Additional Details
- Status: New
- Type: Multi-Family, Quadruplex
- Zip Code: 02453
- Levels: 3
- Parking
- Garage: 5
- Garage Capacity: 5
- Parking: Paved,Off Street
- Parking Spaces: 13
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 3
- Total Rooms: 22
- Has Basement: Yes
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$1,950,000
- Status: New
- Listing ID: 73591277
- Bedrooms: 10
- Full Baths: 4
- Living Area: 5,632 sqft Convert
- Lot Size: 13,670 sqft Convert
- Acres: 0.31
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |