Exceptional cash-flowing 9-unit investment property generating approximately $226,500 in annual rental income. This well-maintained building features three (2) one-bedroom units (2) three-bedroom units, (5) two-bedroom units, and a strong and diverse rental mix. Recent capital improvements include a new roof and siding, an updated exterior, paved driveway, and upgraded electrical systems throughout-providing peace of mind and reduced near-term maintenance costs. Current rents are slightly below market value, creating a clear opportunity for future rent increases and additional upside for the next owner. The property also benefits from separate utilities, with tenants responsible for their own usage-helping to maximize net operating income. Additional amenities include off-street parking for at least six vehicles. Prime location, close to major universities and with commuter rail access, making the property attractive to both tenants and investors.
| MLS # | 73488681 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 186 |
| Listing Provided By | Longwood Residential, LLC | Karen Williams |
| Bed(s) | 15 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 8,100 |
| Story(s) | 3 |
| Units | 9 |
| Zoning | RES |
| Acreage | 0.20 |
| Rooms Total | 25 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Paved |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 25794 |
|---|---|
| Tax Assessed Value | 2626700 |
| Tax Year | 2025 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Middlesex |
| City | Waltham |
| Zip Code | 02452 |
| Area | Middlesex |
| Listing VS Median (in 02452) | |
Price: $3,000,000 low | high Med: $725,000 sqft: 8,100 low | high Med: 1,584 $ / sqft: $370 low | high Med: $458 On site: 186 low | high Med: 5 | |
| State | MA |
|---|---|
| County | Middlesex |
| City | Waltham |
| Zip Code | 02452 |
| Area | Middlesex |
| Listing VS Median (in 02452) | |
Price: $3,000,000 low | high Med: $725,000 sqft: 8,100 low | high Med: 1,584 $ / sqft: $370 low | high Med: $458 On site: 186 low | high Med: 5 | |