147-151 Adams Street, Waltham, MA
$ 2,019,000
Property Attributes
  • MLS#73174933
  • TypeMulti-Family
  • 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


  • 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

AVG $2.31M
AVG $14,786
AVG 46
Data Provided by Inside Real Estate®
Year Built
AVG 1930
AVG 83
Data Provided by Walkscore® not using MLS data