$1,950,000
About this home
Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73591277
- Property type
- 4 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- October 15, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- 5
- Parking spaces
- 13
- Lot size
- 0.31 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 381
- Student:teacher ratio
- 8.5:1
- District
- Waltham
- Enrollment
- 617
- Student:teacher ratio
- 7.8:1
- District
- Waltham
- Enrollment
- 1,643
- Student:teacher ratio
- 10.2:1
- District
- Waltham
Walkability
Blended score for Waltham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Waltham, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.