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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,079 sqft
Price per Sqft $245
MLS Listing ID 73250714
Sold Date 09/10/24
Bedrooms 12
Full Baths 5
Half Baths 1
Year Built 1870
Annual Tax Amount $17,923
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Description
$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.
Location
State MA
County Middlesex
Area South Waltham
Zoning RA
Direction At intersection of Prospect and Charles St
Rooms
Basement Full
Interior
Basement Type Full
Exterior
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Menglu Li • M&L Broker Services