$200K price reduction!! Fully occupied mixed-use investment property in South Waltham with a legal rooming/lodging house license from the City of Waltham. In-place gross monthly rent of $10,500 from 4 apartments - (2) studios, (1) 3 bed/1 bath, (1) 1 bed/ 1 bath - and 5 SRO units; In addition the building contains an owner occupied retail suite, which will be delivered vacant upon sale and can be subdivided back into two separate spaces. The current rent roll does not include future rent from retail suite(s). See attached marketing flyer for additional details. Heavy value-add - building needs work.
Sold for $1,000,000
$1,000,000
75-83 Prospect St, Waltham, MA 02453
12beds
4,079sqft
5+ Family - Rooming House
Built in 1870
-- sqft lot
$-- Zestimate®
$245/sqft
$3,154 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,154/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 10, 2024 at 08:31am
Listed by:
Roberto Magno 617-823-5303,
Castlearch Property Advisors 617-333-8763,
Roberto Magno 617-823-5303
Bought with:
Menglu Li
M&L Broker Services
Source: MLS PIN,MLS#: 73250714
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,079
- Total interior livable area: 4,079 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 6
Lot
- Size: 5,641 sqft
Details
- Parcel number: M:059 B:027 L:0006
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - Rooming House
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waltham
HOA & financial
Other financial information
- Total actual rent: 11050
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2024 | Sold | $1,000,000-12.7%$245/sqft |
Source: MLS PIN #73250714 Report a problem | ||
| 7/29/2024 | Price change | $1,145,000-14.9%$281/sqft |
Source: MLS PIN #73250714 Report a problem | ||
| 6/11/2024 | Listed for sale | $1,345,000$330/sqft |
Source: MLS PIN #73250714 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02453
Nearby schools
GreatSchools rating
- 6/10William F. Stanley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10John W. McDevitt Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Waltham Sr High SchoolGrades: 9-12Distance: 1.7 mi
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- Massachusetts
- Middlesex County
- Waltham
- 02453
- 75-83 Prospect St