A rare turnkey 2-family with lots of options! Move into one unit and have the tenant subsidize some of your mortgage, rent out both, or tear down and rebuild. Potential to build 2 side-by-side townhomes on the existing lot (buyer to do all due diligence). The larger units feature hardwood floors, a renovated eat-in kitchen, an updated bathroom, and split air conditioning/heating units. The smaller unit features hardwood floors, a smaller eat-in kitchen, a cozy bathroom, and a separate entrance. Separate driveways allow for autonomy for each unit. Flat lot with frontage on both streets. Easy access to rt 128/95, bus 61, proximity to Lazazzero Playground and Hardy Pond, MacArthur Elementary School, and the newly built state-of-the-art Waltham High School.
This home has been viewed 6 times
Last Checked: September 21st, 2026 at 7:23am (Source: MLS PIN #73571620)
Gross Income: $22,200
Gross Expenses: $8,110
Net Income Calc: $14,090
Annual Expenses for 171 Lake St, Waltham MA 02451
Total Gross Expenses (Calculated)$8,110/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8110
Annual Income & Unit Breakdown for 171 Lake St, Waltham MA 02451
Total Gross Income (Calculated)$22,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 171 Lake St, Waltham MA 02451
Listing ID73571620
Property TypeMulti Family / 2 Family
Price773888 ($431.14/SqFt)
Style2 Family - 2 Units Side By Side
CityWaltham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total1795
Approximate Lot Size (Acres)0.1
Total Parking4
Garage Parking0
Year Built1930
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningBus-A
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 171 Lake St, Waltham MA 02451
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 171 Lake St, Waltham MA 02451
Real Estate Taxes8110
Tax Year2026
Assessed Value$785,900
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 171 Lake St, Waltham MA 02451
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 171 Lake St, Waltham MA 02451