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79-81 Vernon St, Waltham MA 02453

$1,049,000

Estimated $2,439.37/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $524,500

Total Rent: 55200/year

Estimated CAP Rate: 4.42%

4 Bedrooms

2 Full Baths

2,886 SqFt

Total Parking: 0

1,599 SqFt

Located in historic Waltham, Massachusetts—known as "The Watch City"—this well-maintained up/down two-family home offers a perfect blend of charm, modern updates, and income potential. Each unit features two spacious bedrooms and one full bath, along with remodeled kitchens and bathrooms completed in 2013. The kitchens are outfitted with stainless steel appliances, granite countertops, and gas ranges—ideal for both everyday living and entertaining. Each unit includes its own private basement with a washer, dryer, and ample storage space. A new roof was installed in 2013, adding peace of mind for future owners. Whether you're looking to invest or occupy one unit while generating rental income from the other, this property offers flexibility and long-term value. Currently leased for well under market value.Located steps from public transportation, enjoy easy access to Waltham's vibrant city life, cultural landmarks, restaurants & shopping.

This home has been viewed 77 times

Last Checked: December 13th, 2025 at 8:13am (Source: MLS PIN #73406946)

Gross Income: $55,200

Gross Expenses: $8,861

Net Income Calc: $46,339

CAP Rate: 4.42%

Annual Expenses for 79-81 Vernon St, Waltham MA 02453

Total Gross Expenses (Calculated)$8,861/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,861

Annual Income & Unit Breakdown for 79-81 Vernon St, Waltham MA 02453

Total Gross Income (Calculated)$55,200

Unit 1

Rental Income$2,300

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

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

Unit 2

Rental Income$2,300

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

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

General Information for 79-81 Vernon St, Waltham MA 02453

Listing ID73406946

Property TypeMulti Family / 2 Family

Price$1,049,000 ($363.48/SqFt)

Style2 Family - 2 Units Up/down

CityWaltham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,886 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area0

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpacePorch

Zoning1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 79-81 Vernon St, Waltham MA 02453

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$55,200

Total Net Income By Broker$55,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 79-81 Vernon St, Waltham MA 02453

Real Estate Taxes$8,861

Tax Year2025

Assessed Value$902,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$55,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$55,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.42%

Location Information for 79-81 Vernon St, Waltham MA 02453

Elementary SchoolWaltham

Middle SchoolWaltham

High SchoolWaltham

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 79-81 Vernon St, Waltham MA 02453

Agent

Name: Tori MacDowell

Office

Name: Gibson Sotheby's International Realty

Phone: 781-894-8282

Payment Calculator

, Interest

Property Taxes 738.42

Principal & Interest 6463.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Tori MacDowell

Agent Phone

Office Phone

(781) 894-8282

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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                    [enabled] => 1
                    [created] => 2025-12-13 08:13:45
                    [modified] => 2025-12-13 08:13:45
                )

[20] => Array
                (
                    [id] => 182840933
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73406946&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-12-13 08:13:45
                    [modified] => 2025-12-13 08:13:45
                )

[21] => Array
                (
                    [id] => 182840934
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73406946&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-12-13 08:13:45
                    [modified] => 2025-12-13 08:13:45
                )

[22] => Array
                (
                    [id] => 182840935
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73406946&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-12-13 08:13:45
                    [modified] => 2025-12-13 08:13:45
                )

)

)

EXIT