$1,299,000
About this home
Exceptional, Turnkey, three-family opportunity in desirable South Waltham! Offering versatility for both owner-occupants and investors, this multi-family property features a larger 1,600+- square foot unit at 282 River Street, renovated in 2025, along with two additional 800+- square foot units at 280 River Street, remodeled in 2020 and 2022. The rental income from the two additional units can help offset ownership costs, while renting all three units offers the potential to maximize cash flow. Additional features include separate gas and electric utilities, two sets of washer and dryer hookups, hardwood flooring, ample off-street parking and a two-car garage with additional parking or storage. Conveniently located near the Charles River, The Charles River Walkway, major routes, schools, Bentley and Brandeis Universities, public transportation and numerous restaurant and shopping venues. An excellent opportunity for owner-occupancy with supplemental rental income or for investors seeking a 1031 exchange property. Potential for conversion to four units, subject to buyer due diligence and all applicable approvals.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73575796
- Property type
- 3 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 44
- On market date
- September 11, 2026
- Stories
- 4
- Total bathrooms
- 4
- Garage spaces
- 2
- Parking spaces
- 7
- Lot size
- 0.15 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
- 417
- Student:teacher ratio
- 11.0:1
- 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 9 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.