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Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!

MLS Listing ID: 73591277
Listing Price: $1,950,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 10
Full Baths: 4
Living Space: 5632 sf.
Lot Size: 0.31 acres (13670 sf.)
Parking: Yes
Taxes: $13,881.00
Tax Year: 2026

Listing Current as of October 21, 2026 12:00pm

This listing brought to you by Nicholas Neu of Advantage Property Team LLC.

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