Exceptional investment/1031 exchange opportunity for your portfolio. Brand new construction two-unit multi-family home in sought-after Waltham location offers 5 bedrooms, 5 baths each, spanning over 6,200+ Sq. Ft. Each unit features a well-designed open floor plan with access to a private fenced in backyard. Modern kitchen and baths with granite counter top, trendy styles! Each unit has the option for 6 bedrooms - 5 on the second and third floor and 1 in the lower level. 4 bedrooms have en-suite bathrooms including the primary. Additional features include: Laundry room on the second floor, 1 car attached garage for each unit with additional parking in the individual driveways, central air and a finished lower level, providing extra space for an office, gym, media room AND a guest bedroom. Don't miss the opportunity to make this beautiful property your new home, with convenient access to Boston, Cambridge, route 95, route 20, and shopping on Moody St. Comes with 1 year warranty
This home has been viewed 32 times
Last Checked: May 17th, 2024 at 4:18am (Source: MLS PIN #73234002)
Gross Income: $156,000
Gross Expenses: $6,432
Net Income Calc: $149,568
Water Views
Annual Expenses for 5-7 Gorham Street, Waltham MA 02453
Total Gross Expenses (Calculated)$6,432/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6432
Annual Income & Unit Breakdown for 5-7 Gorham Street, Waltham MA 02453
Total Gross Income (Calculated)$156,000
Unit 1
Rental Income$0
LeaseN
Bedrooms6
Bathrooms5 Full, 1 Half
Floor1
Levels in Unit4
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms6
Bathrooms5 Full, 1 Half
Floor1
Levels in Unit4
Rent Includes
General Information for 5-7 Gorham Street, Waltham MA 02453
Listing ID73234002
Property TypeMulti Family / 2 Family
Price2499900 ($384.6/SqFt)
Style2 Family - 2 Units Side By Side
CityWaltham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total6500
Approximate Lot Size (Acres)0.13
Total Parking6 (2 Garage)
Garage Parking2
Year Built2024
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning1
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 5-7 Gorham Street, Waltham MA 02453
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceAppraiser
ExclusionsPersonal Property
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%
Facilitator Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 5-7 Gorham Street, Waltham MA 02453
Real Estate Taxes6432
Tax Year2024
Assessed Value$667,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 5-7 Gorham Street, Waltham MA 02453
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 5-7 Gorham Street, Waltham MA 02453