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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 Listing ID: 72991168
Listing Price: $2,795,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 11
Full Baths: 11
Living Space: 4868 sf.
Lot Size: 0.14 acres (6151 sf.)
Parking: Yes
Taxes: $13,702.00
Tax Year: 2022

Listing Current as of July 05, 2022 6:00pm

This listing brought to you by Glenna Gelineau of Gelineau & Associates, R.E..

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