Discover this charming two-family home in Waltham, brimming with rental potential. While the property could benefit from some updates, it offers a fantastic opportunity for investors seeking a good cap rate. The home features spacious four-bedroom and one-bedroom units, perfect for generating steady rental income. Enjoy the convenience of nearby public transportation, shopping, highways, universities, and more. With parking for up to 2 cars, this property offers comfort and practicality. Located near the Fitchburg Commuter Rail line, commuting to Boston and other nearby towns is a breeze.
Sale Statistics
Sale Overview
Original List Price:$949,999
Final Sale Price:$865,000
Difference:
$84,999 (-8.9%)
Performance Metrics
91.1%
List to Sale Ratio
Sold below asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$398
Sale $/sq ft:$363
This property sold for $363 per square foot
Sale Summary
This property sold for 8.9% below the original asking price.
The property spent 50 days on market before selling.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1895
Bedrooms
5
Full Bathrooms
2
Living Area
2,385 sq ft
Total Rooms
10
Stories
3
Levels
3
Interior Features
Flooring
Wood, Tile, Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Bathroom With Tub, Living Room, Kitchen
Laundry Features
Washer & Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Bulkhead, Concrete
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Foundation Area
737 sq ft
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,001 sq ft
Lot Size Area
0.0700
Lot Features
Corner Lot, Gentle Sloping
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street, Tandem, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,261
Tax Year
2024
Tax Assessed Value
$753,200
Parcel Number
M:059 B:014 L:0007,836271
Zoning
1
Financial Data Source
Estimated, Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Rents are estimates at current condition. The property will be delivered vacant-Second-floor refrigerator will not be included. Please see firm remarks.
