Sold
71 Francis Street, Waltham, MA
Waltham · MA 02452
- $2,400,000
- Price
- 12
- Beds
- 7.5
- Baths
- 6172
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
7 Units
Lot size:
0.29 Acre Lot
Price per square foot:
$420 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
EXCELLENT INVESTMENT OPPORTUNITY! SEVEN (7) Residential units. Highly desirable downtown Waltham locale. Buildings are in good condition, well maintained and afford an excellent rental history. 7 units, 2 buildings, property is comprised of a 6 unit building and a single family on one lot with ample parking. The six unit consists of two (1) bedroom units and four (2) bedroom units..the single family consists of 5 rooms with (2) bed rooms. All Separate gas heat and electric. All apartments are currently TAW and are currently rented far below market. With an increase to the current rents of 40% - 50% there is potential for a 6% cap rate and still remain within current market rents for the City of Waltham. There is potential of bringing the monthly rent to $13,000+-. Excellent condo conversion potential. A rare offering in highly sought after Waltham. Prime convenient location, walk to shopping, restaurants and transportation.
Neighborhood & Transit
71 Francis Street, Waltham · MA 02452
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1652 days
- Listing Price:
- $2,595,000
- Price per Sq.Ft:
- $420
- Tax Assessment:
- $1,374,600 in 2021
- Taxes:
- $1,297 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 7
- Half Bathrooms
- 1
- Living Area
- 6,172 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
- 100 Amps
Exterior Features
- Lot Size
- 12,750 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Aluminum
- 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 #
- 72918914