Opportunity awaits w/this well maintained two unit home situated on a desirable corner lot in vibrant Waltham, MA! Just 1 mile from Restaurant Row on Moody Street & the Commuter Rail, this property offers unbeatable access to top dining, shops, & downtown Boston. Outdoor enthusiasts will love the proximity to the Charles River w/canoe, kayak, & stand-up paddleboard rentals nearby, plus the scenic Charles River Greenway Trail less than 1/2 mile away. The 1st floor unit features 3 beds, full bath, & beautifully updated gourmet kitchen. Perfect for entertaining or everyday living. The 2nd floor unit includes 2 beds, updated kitchen, a full bath & a cozy living room that opens via slider to a private deck. The 2 story deck, constructed w/maintenance free materials in 2020, offers plenty of outdoor space to relax. Additional highlights include off-street parking, a large fenced-in yard, & a well cared for exterior, making this a great owner-occupied investment or income-generating property
This home has been viewed 19 times
Last Checked: June 17th, 2025 at 5:13pm (Source: MLS PIN #73387278)
Gross Income: $62,400
Gross Expenses: $10,203
Net Income Calc: $52,197
CAP Rate: 4.97%
Annual Expenses for 3 Centre Street, Waltham MA 02453
Total Gross Expenses (Calculated)$10,203/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,203
Annual Income & Unit Breakdown for 3 Centre Street, Waltham MA 02453
Total Gross Income (Calculated)$62,400
Unit 1
Rental Income$3,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat)
Unit 2
Rental Income$2,200
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat)
General Information for 3 Centre Street, Waltham MA 02453
Listing ID73387278
Property TypeMulti Family
Price$1,049,950 ($392.06/SqFt)
StyleMulti Family
CityWaltham
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,678 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking4
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck, Patio
Zoning1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 3 Centre Street, Waltham MA 02453
Lead Paint
UFFIUnknown
Living Area Includes BasementYes
Living Area DisclosureTwo bedrooms in 1st unit are in the lower level
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$62,400
Total Net Income By Broker$62,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 3 Centre Street, Waltham MA 02453
Real Estate Taxes$10,203
Tax Year2025
Assessed Value$1,039,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$62,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$62,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.97%
Location Information for 3 Centre Street, Waltham MA 02453
Elementary SchoolFitzgerald Elem
Middle SchoolMcdevitt Middle
High SchoolWaltham High
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 3 Centre Street, Waltham MA 02453