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Active Under Contract

115-117 Chestnut Street, Waltham MA 02453

$1,450,000

Estimated $3,323/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $362,500

Total Rent: 100020/year

Estimated CAP Rate:

9 Bedrooms

Baths

4407

Total Parking: 8

5,998 (0.14)

Exceptional investment opportunity in the heart of Waltham! This well-maintained, confirmed 4-Family property, with 8 off-street parking!! Located off Moody Street with easy access to the Charles River, Waltham MBTA commuter rail station, Bentley University, Brandeis University, and major commuting routes including Routes 95 and 90. Positioned in one of the city’s strongest rental demand areas, this multi-family property offers significant long-term upside potential for investors seeking to expand or strengthen their portfolio. Ideal for rental income growth through strategic improvements and management optimization. Close to popular restaurants, cafés, shops, parks, and major employment centers along the Route 128 corridor and within minutes of downtown Boston access, making this a consistently attractive and convenient location for tenants.

This home has been viewed 3 times

Last Checked: May 7th, 2026 at 12:13pm (Source: MLS PIN #73508394)

Gross Income: $100,020

Gross Expenses: $17,201

Net Income Calc: $82,819

Water Views

Annual Expenses for 115-117 Chestnut Street, Waltham MA 02453

Total Gross Expenses (Calculated)$17,201/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11656

Annual Income & Unit Breakdown for 115-117 Chestnut Street, Waltham MA 02453

Total Gross Income (Calculated)$100,020

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 115-117 Chestnut Street, Waltham MA 02453

Listing ID73508394

Property TypeMulti Family / 4 Family

Price1450000 ($329.02/SqFt)

Style4 Family - 4 Units Up/down

CityWaltham

CountyMiddlesex

MLS AreaSouth Waltham

Neighborhood(s)

Approximate Living Area Total4407

Approximate Lot Size (Acres)0.14

Total Parking8

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

Zoningres

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 115-117 Chestnut Street, Waltham MA 02453

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher In 1st Floor Bath Excluded; Basement Tools

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 115-117 Chestnut Street, Waltham MA 02453

Real Estate Taxes11656

Tax Year2025

Assessed Value$1,110,500

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 115-117 Chestnut Street, Waltham MA 02453

Elementary SchoolWhittemore

Middle SchoolMcdevitt

High SchoolWaltham High

Neighborhood(s)

MLS AreaSouth Waltham

Area AmenitiesWalk/jog Trails

Contact Information for 115-117 Chestnut Street, Waltham MA 02453

Agent

Name: Adriana Scholz

Office

Name: Lamacchia Realty, Inc.

Phone: 781-786-8080

Payment Calculator

, Interest

Property Taxes 971.33

Principal & Interest 8934.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Adriana Scholz

Agent Phone

Office Phone

(781) 786-8080

Text Agent Call Agent Call Office

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    [unparsed] => 115-117 Chestnut Street, Waltham MA 02453
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EXIT

39 More Photos

Active Under Contract

115-117 Chestnut Street, Waltham MA 02453

$1,450,000

Annual Expenses for 115-117 Chestnut Street, Waltham MA 02453

Annual Income & Unit Breakdown for 115-117 Chestnut Street, Waltham MA 02453

General Information for 115-117 Chestnut Street, Waltham MA 02453

Disclosures for 115-117 Chestnut Street, Waltham MA 02453

Financial Information for 115-117 Chestnut Street, Waltham MA 02453

Location Information for 115-117 Chestnut Street, Waltham MA 02453

Contact Information for 115-117 Chestnut Street, Waltham MA 02453

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

Adriana Scholz