Address
176-178 Newton St, Waltham, MA
Price
$ 2,000,000
Property Attributes
- MLS#73225884
- TypeMulti-Family
- CountyMIDDLESEX
- CityWaltham
- AreaSouth Waltham
- Zip02453
- Style5+ Family - 5+ Units Up/Down
- Year Built1900
- Taxes$ 13755
- Price$ 2,000,000
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage4598
- Lot Size6,970 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Presenting 176-178 Newton Street, this turnkey, stabilized property consists of 5 residential apartments including (2) 1 bedroom/1 bathroom units, (1) 2 bedroom / 1 bathroom unit, (1) 3 bedroom / 1 bathroom unit, and (1) 3 bedroom / 1.5 bathroom unit w/ private basement. Three units have been substantially updated in recent years including updated kitchens, bathrooms, flooring, and electronic keypad access. Additional building improvements include full repointing of fieldstone foundation, upgraded gas service by National Grid with installation of (5) new unit gas meters, installation of (4) Viessmann and Lochinvar combination boilers, new coin-op laundry services, (2) upgraded electric panels, and upgraded common areas. There is plenty of on-site parking including 8 off-street parking spaces for residents. An ideal investment or 1031 exchange opportunity in a rapidly growing Boston suburb. Group Showing Tuesday 4/23 1-2pm by appointment only. Please contact team members to confirm appt
| Price History | |
|---|---|
| 4/18/2024 | Listed $2,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | for Gas Range |
| Roof | Shingle |
| Zoning | C |
| Construction Materials | Frame |
| Exclusions | Non Coin Op Laundry Machines; All Tenant Belongings; |
| Year Built | 1900 |
| Electric | Circuit Breakers,100 Amp Service,Other (See Remarks) |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Tax Year | 2024 |
| Gross Income | 143359 |
| Community Features | Public Transportation,Shopping,Medical Facility,Highway Access,House of Worship,University |
| County | Middlesex |
| Net Operating Income | 108667 |
| Operating Expense | 35692 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 20 |
| Status | Active |
| Directions | Please refer to GPS; |
| City | Waltham |
| Disclosures | Listing agent has interest in the property; Rent roll and financials furnished upon request; Letters of lead compliance in hand; |
| Senior Community Y/N | No |
| Total Units | 5 |
| MLS Area | South Waltham |
| Lot Size Square Feet | 7108 |
| Waterfront Y/N | No |
| Street Name | Newton St |
| Year Built Details | Approximate |
| Tax Annual Amount | 13755 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1426900 |
| Tax Lot | 0007 |
| Total Actual Rent | 12277 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Unfinished |
|---|---|
| Flooring | Hardwood |
| Total Stories | 8 |
| Window Features | Insulated Windows |
| Fireplace Y/N | No |
| Full Baths | 5 |
| Half Baths | 1 |
| Total Bedrooms | 10 |
| Total Baths | 6 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Assigned,Driveway,Paved |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 8 |
| Lot Size Area | 0.16 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 4598 |
| Lot Size Acres | 0.16 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02453
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
