Address
111 Felton St. Waltham, MA
Price
$ 1,500,000
Property Attributes
  • MLS#72807531
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityWaltham
  • Zip02453
  • Style3 Family - 3 Units Up/Down
  • Year Built1900
  • Taxes11121
  • Price$ 1,500,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage3325
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Kiernan Middleman with Berkshire Hathaway HomeServices Warren Residential.
Data Source:
MLSPIN
Property Description

Opportunity knocks in the Riverfront Redevelopment District! Bring your business! A residential 3 family home and 2 outbuildings are situated on this mixed-use parcel. Leases in place for units 1 ($1600/mo) and 2 ($2000/mo) through 8/31/2021 and 6/30/2021, respectively. Unit 3 is vacant and would make a great owner's unit with 4 beds, 1 bath, in-unit laundry, and a roof deck or provide an additional +-$28,800/yr in rental income. Electrical and gas services in the 3-family are separately metered, and the heating systems are newer. The first outbuilding is an open 2 bay garage with a 20x16 workshop above, connected to the 3-family structure through a large basement. A second outbuilding features a 38x20 garage/workshop area with a 1/2 bathroom on the first level, and an accessory space with 3 rooms, a full bathroom, and a kitchenette opening to a deck on the second level. This rare find is perfect for those looking for a mixed-use property in a booming area, ripe for redevelopment!

Price History
4/1/2021 Listed $1,500,000

General Features

Construction Material Frame, Stone/Concrete
Exterior Features Deck
Flooring Wood, Tile, Vinyl
Full Baths 5
Half Baths 1
Lead Paint Yes, Certified Treated
Levels 6
Parking Features Off-Street, Paved Driveway
Parking Spaces 10
Roof Asphalt/Fiberglass Shingles, Rubber
Sewer City/Town Sewer
Square Feet 3325.00
State Massachusetts
Unit 1 Rent 1600
Unit 2 Rent 2000

Interior Features

Basement Features Full
Bedrooms (1) 2
Bedrooms (2) 3
Bedrooms (3) 4
Hot Water Oil, Natural Gas
Total Bedrooms 9
Total Number of Units 3

Exterior Features

Foundation Fieldstone
Garage Spaces 3
Lot 20
Lot Description Paved Drive

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02453

Price
AVG $1.29M
$1.5M
Taxes
AVG $9,934
$11,121
Visits
AVG 16
4
Year Built
AVG 1910
1900

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