Address
147-151 Adams Street, Waltham, MA
Price
$ 2,019,000
Property Attributes
- MLS#73174933
- TypeMulti-Family
- CountyMIDDLESEX
- CityWaltham
- AreaSouth Waltham
- Zip02453
- Style5-9 Family
- Year Built1900
- Taxes$ 16116
- Price$ 2,019,000
- Bedrooms13
- Full Bathrooms6
- Half Bathrooms2
- Sqr Footage6022
- Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Excellent investment opportunity. Six unit multi-family dwelling. Currently fully rented. All leases are tenant at will. Separate gas heating systems and separately metered electric. Great rental history. Prime convenient location. Easy access to shopping and transportation. Short walk to Waltham's popular Moody Street. New rear deck. Listed at a 6.46 Cap Rate on current net income.
| Elementary School | Middle School | High School |
|---|---|---|
| Whittemore Elementary School | Mcdevitt Middle School | WHS High School |
| Price History | |
|---|---|
| 10/27/2023 | Listed $2,095,000 |
| 11/9/2023 | 3% - $2,045,000 |
| 11/30/2023 | 2% - $2,019,000 |
General Features
| Appliances | Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections Varies per Unit |
|---|---|
| Building Area Units | Square Feet |
| City | Waltham |
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School, University |
| Compensation Based On | Net Sale Price |
| County | Middlesex |
| Directions | Crescent Street to Brown Street to Adams Street |
| Disclosures | Some photos from prior to current tenancies. |
| Electric | Circuit Breakers |
| Electric Expense | 380 |
| Elementary School | Whittemore |
| Energy Efficient | Varies per Unit |
| Exterior Features | Deck, Deck - Wood, Gutters |
| Garage Y/N | No |
| Gross Income | 154980 |
| Heating | Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas) |
| High School | Whs |
| Home Warranty Y/N | No |
| Insurance Expense | 4560 |
| Lot Size Square Feet | 4069 |
| MLS Area | South Waltham |
| Middle/Junior High School | Mcdevitt |
| Net Operating Income | 130588 |
| Operating Expense | 24392 |
| Patio/Porch Features | Deck, Deck - Wood |
| Property SubType | 5-9 Family |
| Property Type | Residential Income |
| Rent Includes | Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Roof | Shingle, Rubber |
| Senior Community Y/N | No |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | Adams Street |
| Sub-Agency Relationship Offered | No |
| Tax Annual Amount | 16116 |
| Tax Assessed Value | 1561600 |
| Tax Lot | 0010 |
| Tax Year | 2023 |
| Total Actual Rent | 12915 |
| Total Rooms | 29 |
| Total Units | 6 |
| Utilities | for Gas Range, for Gas Oven, Varies per Unit |
| Water Sewer Expense | 2900 |
| Waterfront Y/N | No |
| Year Built | 1900 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | RES B |
Interior Features
| Basement | Full, Finished, Unfinished |
|---|---|
| Fireplace Y/N | No |
| Flooring | Varies Per Unit |
| Full Baths | 6 |
| Half Baths | 2 |
| Heating Y/N | Yes |
| Total Baths | 8 |
| Total Bedrooms | 13 |
| Total Stories | 7 |
| Window Features | Insulated Windows, Storm Window(s) |
Exterior Features
| Facilitator Compensation | 1.0 |
|---|---|
| Living Area | 6022 |
| Building Area Total | 6022 |
| Foundation Details | Stone |
| Frontage Length | 58.00 |
| Lot Features | Level |
| Lot Size Acres | 0.09 |
| Lot Size Area | 0.09 |
| Lot Size Units | Acres |
| Open Parking Y/N | Yes |
| Parking Features | Paved Drive, Off Street |
| Road Frontage Type | Public |
| Spa | No |
| Total Parking | 2 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02453
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
