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280-282 River Street, Waltham MA 02453

$1,349,900

Estimated $3,116/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $449,966.67

Total Rent: 74400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3264

Total Parking: 9 (2 Garage)

6,599 (0.15)

Well-maintained three-family property offering three distinct residential units in a convenient and desirable Waltham location. The property offers approximately 3,264 SF of living area on a 6,599+/- SF lot, with separate gas and electric utilities for each unit. All units are currently occupied on a tenant-at-will basis. 280 River Street features two 800+- square foot one-bedroom apartments, each offering a full bath, eat-in kitchen, and living room. The first-floor unit was remodeled in 2020 and the second-floor unit was remodeled in 2022. The 1,600+- square foot unit at 282 River Street was renovated in 2025 and offers a full bath, eat-in kitchen, living room, bonus/family room on the first floor, with three bedrooms and a full bath on the upper level. The property includes parking for five vehicles, along with an existing two-car garage providing additional parking or storage space. With three living units and separate gas and electric utilities this property offers flexibility for continued rental use and future possibilities. Whether you’re looking to expand your investment portfolio or explore the property’s potential over time, this is an opportunity worth seeing firsthand and not one to be missed!!! Conveniently located to major routes, schools, commuter rail, public transportation and numerous restaurant and shopping venues.

This home has been viewed 7 times

Last Checked: September 16th, 2026 at 1:58pm (Source: MLS PIN #73575796)

Gross Income: $74,400

Gross Expenses: $11,123

Net Income Calc: $63,277

Annual Expenses for 280-282 River Street, Waltham MA 02453

Total Gross Expenses (Calculated)$11,123/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11123

Annual Income & Unit Breakdown for 280-282 River Street, Waltham MA 02453

Total Gross Income (Calculated)$74,400

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

General Information for 280-282 River Street, Waltham MA 02453

Listing ID73575796

Property TypeMulti Family / 3 Family

Price1349900 ($413.57/SqFt)

Style3 Family

CityWaltham

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3264

Approximate Lot Size (Acres)0.15

Total Parking9 (2 Garage)

Garage Parking2

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRes

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 280-282 River Street, Waltham MA 02453

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 280-282 River Street, Waltham MA 02453

Real Estate Taxes11123

Tax Year2026

Assessed Value$1,077,800

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 280-282 River Street, Waltham MA 02453

Elementary SchoolFitzgerald

Middle SchoolMcdevitt

High SchoolWaltham

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 280-282 River Street, Waltham MA 02453

Agent

Name: Lisa Dallaire

Office

Name: Berkshire Hathaway HomeServices Commonwealth Real Estate

Phone: 781-313-2772

Payment Calculator

, Interest

Property Taxes 926.92

Principal & Interest 8317.65

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

Lisa Dallaire

Agent Phone

Office Phone

(781) 313-2772

Text Agent Call Agent Call Office

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EXIT

15 More Photos

Active

280-282 River Street, Waltham MA 02453

$1,349,900

Annual Expenses for 280-282 River Street, Waltham MA 02453

Annual Income & Unit Breakdown for 280-282 River Street, Waltham MA 02453

General Information for 280-282 River Street, Waltham MA 02453

Disclosures for 280-282 River Street, Waltham MA 02453

Financial Information for 280-282 River Street, Waltham MA 02453

Location Information for 280-282 River Street, Waltham MA 02453

Contact Information for 280-282 River Street, Waltham MA 02453

Agent

Office

Payment Calculator

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

Lisa Dallaire