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1083 Main St, Waltham MA 02451

$1,550,000

Estimated $3,262.74/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $387,500

Total Rent: 127800/year

Estimated CAP Rate: 7.66%

4 Bedrooms

4 Full Baths

3,498 SqFt

Total Parking: 0

4,831 SqFt

Presenting 1083 - 85 Main Street. Excellent, Turnkey, Investment Opportunity in Waltham. All 4 units are Large & Sunny front-to-back, and have been substantially updated in recent years, including renovated kitchens, bathrooms, flooring, and some new windows. Roof is two years old, and complements the low maintenance vinyl siding. Updated electrical, separate heating systems, hot water tanks, washer/dryer hookup and private storage in the basement, present opportunity for a condo conversion. Driveway could be added, with town approval. Excellent location with close proximity to Brandeis University and the MBTA commuter rail, as well as minutes from I-90, RT 128 and nearby shops and restaurants. A great option for an end user, and excellent addition to any investment portfolio.

This home has been viewed 137 times

Last Checked: October 7th, 2024 at 4:14pm (Source: MLS PIN #73257307)

Gross Income: $127,800

Gross Expenses: $8,993

Net Income Calc: $118,807

CAP Rate: 7.66%

Annual Expenses for 1083 Main St, Waltham MA 02451

Total Gross Expenses (Calculated)$8,993/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,993

Annual Income & Unit Breakdown for 1083 Main St, Waltham MA 02451

Total Gross Income (Calculated)$127,800

Unit 1

Rental Income$2,650

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$2,700

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 3

Rental Income$2,700

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 4

Rental Income$2,600

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesNo

General Information for 1083 Main St, Waltham MA 02451

Listing ID73257307

Property TypeMulti Family / 4 Family

Price$1,550,000 ($443.11/SqFt)

Style4 Family

CityWaltham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,498 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesOther

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 1083 Main St, Waltham MA 02451

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOther (see Remarks)

Total Gross Expenses By Broker$17,868

Total Gross Income By Broker$127,800

Total Net Income By Broker$109,932

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 1083 Main St, Waltham MA 02451

Real Estate Taxes$8,993

Tax Year2024

Assessed Value$932,900

Financial Data SourceOther (see Remarks)

Total Gross Expenses By Broker$17,868

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$127,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$109,932

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.66%

Location Information for 1083 Main St, Waltham MA 02451

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Public Transportation, T-station, University

Contact Information for 1083 Main St, Waltham MA 02451

Agent

Name: The Mezini Team

MLS ID: TM356494

Office ID: AN7811

Office

Name: Capital Realty Group

MLS Office ID: AN7811

Phone: 508-395-8333

Team Members

Name: Michael Lord

MLS ID: CT002574

Office ID: AN7811

National Association ID: 449541681

Phone: 508-395-8333

City: Norwell

State: MA

Payment Calculator

, Interest

Property Taxes 749.42

Principal & Interest 9550.61

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Capital Realty Group

The Mezini Team

Agent Phone

Office Phone

(508) 395-8333

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[water] => Array
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EXIT

Withdrawn

1083 Main St, Waltham MA 02451

$1,550,000

Annual Expenses for 1083 Main St, Waltham MA 02451

Annual Income & Unit Breakdown for 1083 Main St, Waltham MA 02451

General Information for 1083 Main St, Waltham MA 02451

Disclosures for 1083 Main St, Waltham MA 02451

Financial Information for 1083 Main St, Waltham MA 02451

Location Information for 1083 Main St, Waltham MA 02451

Contact Information for 1083 Main St, Waltham MA 02451

Agent

Office

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Capital Realty Group

The Mezini Team