Excellent investment opportunity in the heart of Waltham!! First time for sale in over 35 years! This low maintenance brick building consists of 6 apartment units. Five 1- bedrooms / 1 bathroom apartments, and One studio apartment / 1 bathroom. Rental income $122k+/- yearly. Current rents are below market, could potentially be increased. Leases are Tenancy-At-Will The units are separately metered for electricity, electric heat, and electric hot water, which are paid directly by the tenants, with Landlord responsible for common area electric and domestic water and sewer. Coin-operated washer and dryer brings in extra income. The Property is ideal for a potential buyer looking for income growth and strong investment returns. Close proximity to Main Street, Waltham Common, the MBTA Commuter Rail, and Moody Street’s desirable restaurants and shopping. GROUP SHOWINGS ONLY, after Open House on Saturday 3/28 from 12:00 – 1:30pm.
This home has been viewed 4 times
Last Checked: June 1st, 2026 at 6:28am (Source: MLS PIN #73491652)
Gross Income: $80,400
Gross Expenses: $19,260
Net Income Calc: $61,140
Annual Expenses for 74 Harvard St, Waltham MA 02453
Total Gross Expenses (Calculated)$19,260/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12960
Annual Income & Unit Breakdown for 74 Harvard St, Waltham MA 02453
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 74 Harvard St, Waltham MA 02453
Listing ID73491652
Property TypeMulti Family / 5+ Family
Price1999000 ($504.29/SqFt)
Style5-9 Family
CityWaltham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3964
Approximate Lot Size (Acres)0.16
Total Parking6
Garage Parking0
Year Built1970
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 74 Harvard St, Waltham MA 02453
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Exclusions
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 74 Harvard St, Waltham MA 02453
Real Estate Taxes12960
Tax Year2025
Assessed Value$1,319,800
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 74 Harvard St, Waltham MA 02453
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 74 Harvard St, Waltham MA 02453