RARE OFFERING IN WALTHAM. 11 STUDIO APARTMENTS IN BRICK/STUCCO BUILDING. GOOD SIZED STUDIOS WITH FULLY APPLIANCED KITCHENS AND FULL BATHS. EASY LOW MAINTENANCE BUILDING. BRIGHT, SUNNY, RENOVATED UNITS. FULLY RENTED WITH EXCELLENT RENTAL HISTORY. UNITS SLIGHTLY UNDER RENTED F...
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 2:30am (Source: MLS PIN #72991168)
Gross Income: $66,600
Gross Expenses: $23,613
Net Income Calc: $42,987
CAP Rate: 1.66%
Annual Expenses for 181 School Street, Waltham MA 02451
Total Gross Expenses (Calculated)$23,613/year
APOD AvailableYes
Heating
Electricity$3,310
Water$2,043
Gas$2,043
Insurance
Sewer$2,043
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$13,702
Annual Income & Unit Breakdown for 181 School Street, Waltham MA 02451
Total Gross Income (Calculated)$66,600
Unit 1
Rental Income$1,500
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
Unit 2
Rental Income$1,500
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
Unit 3
Rental Income$1,300
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
Unit 4
Rental Income$1,250
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
General Information for 181 School Street, Waltham MA 02451
Listing ID72991168
Property TypeMulti Family
Price$2,595,000 ($533.07/SqFt)
Style5+ Family - 5+ Units Up/down
CityWaltham
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,868 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking10
Garage Parking
Year Built1968
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningBusiness B
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 181 School Street, Waltham MA 02451
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$9,913
Total Gross Income By Broker$151,500
Total Net Income By Broker$131,178
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 181 School Street, Waltham MA 02451
Real Estate Taxes$13,702
Tax Year2022
Assessed Value$1,230,000
Financial Data SourceOwner
Total Gross Expenses By Broker$9,913
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$151,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$131,178
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.66%
Location Information for 181 School Street, Waltham MA 02451
Elementary SchoolPlympton
Middle SchoolMcdevitt
High SchoolWhs
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 181 School Street, Waltham MA 02451