Off Market

56 Charles River Road, Waltham, MA

Waltham · MA 02453

$95,000,000
Price
0
Beds
0
Baths
21347
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1965
Lot size: 9.8 Acres Lot
Price per square foot: $4,450 / Sq.Ft
Parking: No Parking

About this home

Value-add multifamily investment opportunity is now available for sale in one of Greater Boston's most desirable core rental markets, Waltham, Massachusetts. Charlesbank Garden Apartments features 206 market rate units located on 9.85 acres in a total of 13 detached free-standing buildings with an attractive mix of 76% two-bedroom and 24% one-bedroom units. Family-developed, owned, and operated since the 1950s, Charlesbank Garden Apartments offers the opportunity to reposition units by upgrading the kitchens, baths, paint, and carpet and pass through heat and water to tenants to bring current rents to market, creating a dramatic increase in net operating income.Located just a ' mile from the Brandeis/Roberts MBTA Commuter Rail Station and minutes from the Route 128/90 Interchange, residents enjoy rapid access to major employment centers throughout the inner 128 and Downtown Boston market.

Neighborhood & Transit

56 Charles River Road, Waltham · MA 02453

Nearby transit

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

  • Brandeis/Roberts Commuter Rail 1 route 0.32 mi
    • Fitchburg Line

Price Insight

Days on Market:
1445 days
Listing Price:
$95,000,000
Price per Sq.Ft:
$4,450
Tax Assessment:
$54,780,500 in 2022
Taxes:
$33,750 / Monthly

Home Facts

Interior Features

Bedrooms
0
Full Bathrooms
0
Half Bathrooms
0
Living Area
21,347 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
426,888 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Jeremy Cyrier
Listing office
Mansard Commerical Properties
MLS PIN #
73045366