$3,000,000

House for sale Waltham
Property photo number 1 of 11 Photos for Property. File  105256428_29_dd3eca118d8417bd311b611e84790cd9.jpeg

Overview

SUMMARY: Discover an opportunity with this Waltham house for sale and available for $3,000,000. This could be your next ideal home or a smart investment. More details await.
Exceptional cash-flowing 9-unit investment property generating approximately $226,500 in annual rental income. This well-maintained building features three (2) one-bedroom units (2) three-bedroom units, (5) two-bedroom units, and a strong and diverse rental mix. Recent capital
improvements include a new roof and siding, an updated exterior, paved driveway, and upgraded electrical systems throughout-providing peace of mind and reduced near-term maintenance costs. Current rents are slightly below market value, creating a clear opportunity for future rent increases and additional upside for the next owner. The property also benefits from separate utilities, with tenants responsible for their own usage-helping to maximize net operating income. Additional amenities include off-street parking for at least six vehicles. Prime location, close to major universities and with commuter rail access, making the property attractive to both tenants and investors.
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Details

  • Beds: 15
  • Baths: 9
  • Price: $3,000,000
  • Reference No.: 95365835
  • Area: 8,100 sqft

Location

Marketed by:

  • Karen Williams
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