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5-7 Gorham St, Waltham MA 02453

$2,298,000

Estimated $4,262.20/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,149,000

Total Rent: 156000/year

Estimated CAP Rate: 6.51%

12 Bedrooms

10 Full, 2 Half Baths

6,500 SqFt

Total Parking: 6 (2 Garage)

5,702 SqFt

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 in each unit, 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! 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 65 times

Last Checked: October 7th, 2024 at 4:39pm (Source: MLS PIN #73239151)

Gross Income: $156,000

Gross Expenses: $6,432

Net Income Calc: $149,568

CAP Rate: 6.51%

Annual Expenses for 5-7 Gorham St, 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 Tax$6,432

Annual Income & Unit Breakdown for 5-7 Gorham St, Waltham MA 02453

Total Gross Income (Calculated)$156,000

Unit 1

Rental Income$6,500

LeaseN

Bedrooms6

Bathrooms5 Full, 1 Half

Floor1

Levels in Unit4

HeatingYes

Rent IncludesNo

Unit 2

Rental Income$6,500

LeaseN

Bedrooms6

Bathrooms5 Full, 1 Half

Floor1

Levels in Unit4

HeatingYes

Rent IncludesNo

General Information for 5-7 Gorham St, Waltham MA 02453

Listing ID73239151

Property TypeMulti Family / 2 Family

Price$2,298,000 ($353.54/SqFt)

Style2 Family - 2 Units Side By Side

CityWaltham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total6,500 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built2024

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesNo

Foundation Area

Foundation DescriptionConcrete Perimeter,Other

Accessible Features

Outdoor Space

Zoning1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 5-7 Gorham St, Waltham MA 02453

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceAppraiser

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$156,000

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 5-7 Gorham St, Waltham MA 02453

Real Estate Taxes$6,432

Tax Year2024

Assessed Value$667,200

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$156,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.51%

Location Information for 5-7 Gorham St, Waltham MA 02453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park, Medical Facility, Public Transportation, T-station, Tennis Court(s), University, Other

Contact Information for 5-7 Gorham St, Waltham MA 02453

Agent

Name: The Shahani Group

Office

Name: Compass

Phone: 617-752-6845

Team Members

Name: Jeetendra Shahani

Phone: 617-216-1492

Name: Shalini Shahani

Phone: 617-216-1493

Payment Calculator

, Interest

Property Taxes 536

Principal & Interest 14159.55

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

The Shahani Group

Agent Phone

Office Phone

(617) 752-6845

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

[18] => Array
                (
                    [id] => 36884310
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

[19] => Array
                (
                    [id] => 36884311
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

[20] => Array
                (
                    [id] => 36884312
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

[21] => Array
                (
                    [id] => 36884313
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

[22] => Array
                (
                    [id] => 36884314
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

[23] => Array
                (
                    [id] => 36884315
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73239151&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-10-07 16:39:19
                    [modified] => 2024-10-07 16:39:19
                )

)

)

EXIT