75-83 Prospect Street, Waltham MA 02453

Waltham, MA 02453 • South Waltham
$1,000,000
Est. $5,322/month
12
Beds
5.5
Baths
4,079
Sq Ft
$245
Price/Sq Ft
0.13
Acres
1870
Year Built
5+ Family - Rooming House
Type
51
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73250714

About this home

$200K price reduction!! Fully occupied mixed-use investment property in South Waltham with a legal rooming/lodging house license from the City of Waltham. In-place gross monthly rent of $10,500 from 4 apartments - (2) studios, (1) 3 bed/1 bath, (1) 1 bed/ 1 bath - and 5 SRO units; In addition the building contains an owner occupied retail suite, which will be delivered vacant upon sale and can be subdivided back into two separate spaces. The current rent roll does not include future rent from retail suite(s). See attached marketing flyer for additional details. Heavy value-add - building needs work.

Sale Statistics

Sale Overview
Original List Price: $1,345,000
Final Sale Price: $1,000,000
Difference: $345,000 (-25.7%)
Performance Metrics
74.3%
List to Sale Ratio
Sold below asking price
51
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $330
Sale $/sq ft: $245
This property sold for $245 per square foot
Sale Summary

This property sold for 25.7% below the original asking price.

The property spent 51 days on market before selling.

Facts & Features

Property Overview

Property Type
5+ Family - Rooming House
Property Category
Residential Income
Year Built
1870
Bedrooms
12
Full Bathrooms
5
Half Bathrooms
1
Living Area
4,079 sq ft
Total Rooms
16
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,641 sq ft
Lot Size Area
0.1300
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$17,923
Tax Year
2024
Tax Assessed Value
$1,497,800
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Unknown/Mixed

Location

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Neighborhood

South Waltham

75-83 Prospect Street, Waltham MA 02453

Waltham, MA 02453

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,494
Homeowners Insurance $200
PMI $0

Property History

Market Insights

12.7%
Price Range
53
Total Days on Market

Property Timeline

Sold
Sep 10, 2024
$1,000,000
Property sold
Days on Market: 53
🏠
Listed for Sale
Jun 11, 2024
$1,145,000
Original listing

Price & Status History

Date Event Price Change
Jun 11, 2024 New Listing Added $1,145,000

Market Statistics

Days on Market
51 days
Price per Sq Ft
$245

Tax History

Year Taxes Assessment
2024 $17,923 $1,497,800

Financial Details

Annual Property Tax
$17,923
Tax Year 2024
Assessed Value
$1,497,800

Listing Information

Listing Agent Roberto Magno
Listing Office Castlearch Property Advisors
Agent MLS ID BB801737
Office MLS ID AN3443

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75-83 Prospect Street, Waltham MA 02453 - Photo 1 75-83 Prospect Street, Waltham MA 02453 - Photo 2 75-83 Prospect Street, Waltham MA 02453 - Photo 3 75-83 Prospect Street, Waltham MA 02453 - Photo 4

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