Waltham, MA 02453,75-83 Prospect Street
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Waltham, MA 02453,75-83 Prospect Street
Waltham, MA 02453,75-83 Prospect Street
Waltham, MA 02453,75-83 Prospect Street

$1,000,000

Est. payment /mo

$1,145,000

12.7%
Est.Price: ?

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75-83 Prospect Street Waltham, MA 02453

12 Beds

5.5 Baths

4,079 SqFt

SOLD DATE : 09/10/2024

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Sold

Purchase Type For Sale

Square Footage 4,079 sqft

Price per Sqft $245

MLS Listing ID 73250714

Sold Date 09/10/24

Bedrooms 12

Full Baths 5

Half Baths 1

Year Built 1870

Annual Tax Amount $17,923

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Description

$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.

Location

State MA

County Middlesex

Area South Waltham

Zoning RA

Direction At intersection of Prospect and Charles St

Rooms

Basement Full

Exterior

Waterfront false

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Castlearch Property Advisors
Bought with Menglu Li • M&L Broker Services

Peter Pezzano

Agent | License ID: 9520972

+1(617) 913-2730

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