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28-32 Calvary Street, Waltham MA 02453

$1,699,999

Estimated $3,642.87/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $566,666.33

Total Rent: 98400/year

Estimated CAP Rate: 4.72%

8 Bedrooms

4 Full, 1 Half Baths

3,702 SqFt

Total Parking: 4

9,568 SqFt

Rarely available! This beautiful Townhouse-style three-family is nestled in Waltham's coveted South Side, mere minutes from major highways and a short stroll to the lively Moody Street & Purple Line. Corner units underwent complete gut renovations from 2021-2023, including new electrical, plumbing, HVAC, roof, & layout. The 1st renovated unit offers formal living, dining, kitchen, & laundry on the main floor, with 3 bdrms & 1 bathroom upstairs, plus a spacious basement for storage. The middle unit features a kitchen, living area, bdrm, & full bath on the ground floor, with a 2nd floor comprising a full bath, bdrm, & sizable family room, convertible to an additional bdrm. The end unit, also renovated, boasts formal living, dining, kitchen, & half bath on the 1st level, with 3 bdrms & 1 full bath upstairs, along with its own large basement for storage & laundry. End units are leased at market rates, while the middle unit operates on TAW. Ideal long term investment or condo conversion!

This home has been viewed 102 times

Last Checked: September 5th, 2025 at 1:58am (Source: MLS PIN #73399459)

Gross Income: $98,400

Gross Expenses: $18,236

Net Income Calc: $80,164

CAP Rate: 4.72%

Annual Expenses for 28-32 Calvary Street, Waltham MA 02453

Total Gross Expenses (Calculated)$18,236/year

APOD AvailableNo

Heating

Electricity

Water$1,600

Gas$1,600

Insurance$6,000

Sewer$1,600

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,636

Annual Income & Unit Breakdown for 28-32 Calvary Street, Waltham MA 02453

Total Gross Income (Calculated)$98,400

Unit 1

Rental Income$3,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$2,000

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$3,200

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 28-32 Calvary Street, Waltham MA 02453

Listing ID73399459

Property TypeMulti Family / 3 Family

Price$1,699,999 ($459.21/SqFt)

Style3 Family - 3 Units Side By Side

CityWaltham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,702 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking4

Garage Parking

Year Built1860

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 28-32 Calvary Street, Waltham MA 02453

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$7,600

Total Gross Income By Broker$98,400

Total Net Income By Broker$90,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Not Offered

Financial Information for 28-32 Calvary Street, Waltham MA 02453

Real Estate Taxes$10,636

Tax Year2025

Assessed Value$1,083,000

Financial Data SourceEstimated

Total Gross Expenses By Broker$7,600

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$98,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$90,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.72%

Location Information for 28-32 Calvary Street, Waltham MA 02453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, University

Contact Information for 28-32 Calvary Street, Waltham MA 02453

Agent

Name: Nicholas Neu

Office

Name: Advantage Property Team LLC

Phone: 781-209-0888

Team Members

Name: Norman J. Neu, Jr.

Payment Calculator

, Interest

Property Taxes 886.33

Principal & Interest 10474.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Advantage Property Team LLC

Nicholas Neu

Agent Phone

Office Phone

(781) 209-0888

Text Agent Call Agent Call Office

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EXIT

Active

28-32 Calvary Street, Waltham MA 02453

$1,699,999

Annual Expenses for 28-32 Calvary Street, Waltham MA 02453

Annual Income & Unit Breakdown for 28-32 Calvary Street, Waltham MA 02453

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Location Information for 28-32 Calvary Street, Waltham MA 02453

Contact Information for 28-32 Calvary Street, Waltham MA 02453

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Advantage Property Team LLC

Nicholas Neu