11 Derby Street, Waltham MA 02453

Waltham, MA 02453
$849,000
Est. $5,162/month
2
Beds
2
Baths
1,901
Sq Ft
$447
Price/Sq Ft
0.13
Acres
1900
Year Built
3
Days on Market
Active Listed Dec 3, 2025 • MLS# 73459250 Copied!

About this home

Prime investment/development opportunity in Waltham’s desirable South Side! This two-family sits on a 5490sf RB-zoned lot. 1647 sq ft allowable footprint per Waltham’s Small Lot/Old Lot Opinion guidelines (lot created prior to 1942). Buyers may rebuild two units and add an ADU, with the ADU required to be conveyed with one of the primary units. Old Lot Opinion would allow a new 1647sf footprint (not required to match existing) and requires 16 ft combined side setback. Existing structure offers holding income with two 1-bed units each TAW rented at $1,900/mo. Incredible opportunity for builders, developers, or investors looking for value-add potential in a prime location. Buyer to perform all due diligence.

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,901 sq ft
Total Rooms
9
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 1,901 sq ft
Lot Size 0.13 acres
Bedrooms 2
Full Baths 2
Total Rooms 9

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,033
Assessed Value $818,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

11 Derby Street, Waltham MA 02453

Waltham, MA 02453

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $669
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Dec 3, 2025
$849,000
Original listing
Agent: Lisa Lyons Office: Coldwell Banker Realty - Waltham

Price & Status History

Date Event Price Change
Dec 3, 2025 New Listing Added $849,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$447

Tax History

Year Taxes Assessment
2025 $8,033 $818,000

Financial Details

Annual Property Tax
$8,033
Tax Year 2025
Assessed Value
$818,000

Listing Information

Listing Agent Lisa Lyons
Listing Office Coldwell Banker Realty - Waltham
Agent MLS ID CT006934
Office MLS ID AN6239
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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