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181 School Street, Waltham, MA

Waltham · MA 02451

$2,500,000
Price
11
Beds
11
Baths
4868
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1968
Units: 11 Units
Lot size: 6,151 Sq.Ft Lot
Price per square foot: $533 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

RARE OFFERING IN WALTHAM. 11 STUDIO APARTMENTS IN BRICK/STUCCO BUILDING. GOOD SIZED STUDIOS WITH FULLY APPLIANCED KITCHENS AND FULL BATHS. EASY LOW MAINTENANCE BUILDING. BRIGHT, SUNNY, RENOVATED UNITS. FULLY RENTED WITH EXCELLENT RENTAL HISTORY. UNITS SLIGHTLY UNDER RENTED FOR THE WALTHAM MARKET. POTENTIAL TO INCREASE RENTS FOR ANNUAL GROSS INCOME OF AN ESTIMATED $200,000 PER YEAR. ALL UNITS ARE CURRENTLY TENANT AT WILL. LAUNDRY ON SITE WITH COIN-OPERATED MACHINES FOR ADDITIONAL INCOME. ENERGY EFFICIENT GAS HEAT. WALL-UNIT AIR CONDITIONERS IN EACH UNIT. AMPLE PARKING. CONVENIENT DOWNTOWN LOCATION WITH EASY ACCESS TO TRANSPORTATION, SHOPPING, LIBRARY AND RESTAURANTS. EXCELLENT INVESTMENT OPPORTUNITY.

Neighborhood & Transit

181 School Street, Waltham · MA 02451

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Waltham Commuter Rail 1 route 0.32 mi
    • Fitchburg Line

Price Insight

Days on Market:
1304 days
Listing Price:
$2,595,000
Price per Sq.Ft:
$533
Tax Assessment:
$1,230,000 in 2022
Taxes:
$1,142 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
11
Half Bathrooms
0
Living Area
4,868 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3246
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps

Exterior Features

Lot Size
6,151 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Stucco
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Glenna Gelineau
Listing office
Gelineau & Associates, R.E.
MLS PIN #
72991168