NOT LISTED FOR SALE
13 Beds
8 Baths
6,022 Sq Ft
4,069 Sq Ft Lot

Last Sold September 12, 2024

Last sale price $1,765,000 $293 Per Sq Ft

76 Days on Market

Highlights

  • Deck
  • Jogging Path
  • Park
  • Property is near public transit
  • Storm Windows
  • Shops

About This Home

As of September 2024

Excellent investment opportunity. Six unit multi-family dwelling. Currently fully rented. All leases are tenant at will. Separate gas heating systems and separately metered electric. Great rental history. Prime convenient location. Easy access to shopping and transportation. Short walk to Waltham's popular Moody Street. New rear deck. Listed at a 7% Cap Rate on current net income.

Last Agent to Sell the Property

Glenna Gelineau

Gelineau & Associates, R.E. Listed on: 06/12/2024

Last Buyer's Agent

Siobhan O Connell

Gelineau & Associates, R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,116

Year Built

  • Built in 1900

Lot Details

  • 4,069 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 6,022 Sq Ft Home
  • Insulated Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Bedrooms and Bathrooms

  • 13 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Whittemore Elementary School
  • Mcdevitt Middle School
  • WHS High School

Utilities

  • 6 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $12,915
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 0010 / 023
  • Assessor Parcel Number 839341

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $380
  • Insurance Expense $4,560
  • Water Sewer Expense $2,900
  • Operating Expense $24,392
  • Net Operating Income $130,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,116

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Varies
  • Fireplace YN: No
  • Total Bedrooms: 13
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Basement: Full, Finished, Unfinished
  • Living Area: 6022
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN0836
  • MAIN SO: AN0836

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Varies per Unit
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2900

Lot Info

  • Parcel Number: 839341
  • Zoning: RES B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4069
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16116
  • Tax Block: 023
  • Tax Lot: 0010

Multi Family

  • Electric Expense: 380
  • Insurance Expense: 4560
  • Net Operating Income: 130588
  • Number Of Units Total: 6
  • Operating Expense: 24392
  • Total Actual Rent: 12915
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

MLS Schools

  • High School: Whs
  • Elementary School: Whittemore
  • Middle Or Junior School: Mcdevitt

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $1,765,000 -4.5% $293 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $1,849,000 -1.1% $307 / Sq Ft
06/12/2024 06/12/24 For Sale $1,869,000 -- $310 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251334

MLS Property Information Network (MLS PIN)