181 School Street

Waltham, MA, 02451

$2,695,000

$553 per ft²
$2,695,000
$553 per ft²
Active
Active
 - For Sale
beds
11 Beds
baths
11 Baths
carpenters-square
4,868 ft²
property_type
Multi-family
calendar
Built 1968
RARE OFFERING IN WALTHAM. 11 STUDIO APARTMENTS IN BRICK/STUCCO BUILDING. GOOD SIZED STUDIOS WITH FULLY APPLIANCED KITCHENS AND FULL BATHS. EASY LOW MAINTENCE BUILDING. BRIGHT, SUNNY, RENOVATED UNITS. FULLY RENTED WITH EXCELLENT RENTAL HISTORY. UNITS SLIGHTLY UNDER RENTED FOR THE WALTHAM MARKET. POTENTIAL TO INCREASE RENTS FOR ANNUAL GROSS INCOME OF $184,000 PER YEAR. ALL UNITS ARE CURRENTLY TENANT AT WILL. LAUNDRY ON SITE WITH COIN OPERATED MACHINES FOR ADDITIONAL INCOME. ENERGY EFFICENT GAS HEAT. WALL UNIT AIR CONDITIONERS IN EACH UNIT. AMPLE PARKING. CONVENIENT DOWNTOWN LOCATION WITH EASY ACCESS TO TRANPORTATION, SHOPPING, LIBRARY AND RESTAURANTS. EXCELLENT INVESTMENT OPPORTUNITY.
MLS® ID:
72991168
Listed:
5/31/22
Updated:
10/3/22

Interior Features

Kitchen Appliances
Washer, Dryer, Unit 1(Range, Refrigerator, Freezer), Unit 2(Range, Refrigerator, Freezer), Unit 3(Range, Refrigerator, Freezer), Unit 4(Range, Refrigerator, Freezer), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Total Bedrooms
11
Full Bathrooms
11
Interior Features
Unit 1(Studio, Bathroom With Tub Shower), Unit 2(Studio, Bathroom With Tub Shower), Unit 3(Studio, Bathroom With Tub Shower), Unit 4(Studio, Bathroom With Tub Shower)
Laundry Description
Laundry Room, Washer Hookup, Dryer Hookup
Floor Description
Tile, Carpet
Cooling
Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC), Unit 4(Wall AC)
Heating
Unit 1(Hot Water Baseboard, Gas, Unit Control), Unit 2(Hot Water Baseboard, Gas, Unit Control), Unit 3(Hot Water Baseboard, Gas, Unit Control), Unit 4(Hot Water Baseboard, Gas, Individual)

Exterior/Building Features

Lot Size
6,151 ft² lot
Lot Details
Level
Roof
Rubber
Sewer
Public Sewer

School Information

High School
Whs
Middle/Jr High
Mcdevitt
Elementary School
Plympton

Other Property Details

Taxes
$13702
Tax Frequency
per YEAR
HOA Amenities
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Garage
No
Parking
Paved Drive, Off Street
Parking Total
10.0
View
N
County
Middlesex
Utilities
for Electric Range, for Electric Oven, Washer Hookup
Water Source
Public
Pool
No
Total Stories
7
Zoning
Business B

Property History

Date
Event
Price
Value
9/29/22
Price Change
$2,695,000
-3%

 

Courtesy of Glenna Gelineau, Gelineau & Associates, R.E.

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Data last updated 8:52 AM UTC, 10/3/22

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