Address
46 Bolton St, Waltham, MA
Price
$ 2,600,000
Property Attributes
- MLS#73176151
- TypeMulti-Family
- CountyMIDDLESEX
- CityWaltham
- Zip02453
- Style5-9 Family
- Year Built1960
- Taxes$ 13455
- Price$ 2,600,000
- Bedrooms12
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage4967
- Lot Size7,405 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Listed at a 6.24% Cap Rate on current income, 46 Bolton Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location. The Property is ideal for a potential buyer looking for income growth and strong investment returns. The 6-unit asset has undergone recent capital upgrades including renovated kitchens with quartz countertops, new cabinets and stainless steel appliances, new LVP flooring throughout the living rooms and bedrooms, new bathrooms with upgraded tile flooring, new vanities and toilets, and subway tile in the tub/shower enclosures. Additionally, the Property features renovated common areas with new carpeting, an on-site laundry facility and ample off-street parking in the rear of the building. 46 Bolton Street is centrally located on an attractive residential side street just a few blocks from downtown Waltham and Moody Street and its many vibrant shops, restaurants, and bars.
| Price History | |
|---|---|
| 11/1/2023 | Listed $2,600,000 |
General Features
| Appliances | Washer, Dryer |
|---|---|
| Building Area Units | Square Feet |
| City | Waltham |
| Community Features | Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University |
| Compensation Based On | Gross/Full Sale Price |
| County | Middlesex |
| Directions | Please use GPS |
| Disclosures | Unit 3 is currently vacant - rent is set to market in current condition |
| Electric | Individually Metered |
| Garage Y/N | No |
| Gross Income | 196958 |
| Home Warranty Y/N | No |
| Lot Size Square Feet | 7797 |
| Net Operating Income | 162323 |
| Operating Expense | 34635 |
| Property SubType | 5-9 Family |
| Property Type | Residential Income |
| Rent Includes | Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water) |
| Roof | Shingle |
| Senior Community Y/N | No |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | Bolton St |
| Sub-Agency Relationship Offered | No |
| Tax Annual Amount | 13455 |
| Tax Assessed Value | 1303800 |
| Tax Year | 2023 |
| Total Actual Rent | 16025 |
| Total Rooms | 24 |
| Total Units | 6 |
| Waterfront Y/N | No |
| Year Built | 1960 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | R |
Interior Features
| Fireplace Y/N | No |
|---|---|
| Full Baths | 6 |
| Total Baths | 6 |
| Total Bedrooms | 12 |
| Total Stories | 3 |
Exterior Features
| Living Area | 4967 |
|---|---|
| Building Area Total | 4967 |
| Foundation Details | Brick/Mortar |
| Lot Size Acres | 0.17 |
| Lot Size Area | 0.17 |
| Lot Size Units | Acres |
| Open Parking Y/N | Yes |
| Parking Features | Paved Drive, Shared Driveway, Off Street, Leased |
| Spa | No |
| Total Parking | 6 |
| 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
