202-204 Charles Street, Waltham MA 02453

Waltham, MA 02453
$1,950,000
Est. $11,217/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

Adjust the payment calculator
10
Beds
4
Baths
5,632
Sq Ft
$346
Price/Sq Ft
0.31
Acres
1905
Year Built
5
Garage Spaces
New today
Time on Market
For Sale Listed Oct 15, 2026 • MLS# 73591277 Copied! • Updated Oct 15, 2026

Track this home for price, status, and open-house alerts.

About this home

Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 15, 2026
$1,950,000
Original listing
Agent: Nicholas Neu Office: Advantage Property Team LLC

Tax History

Year Taxes Assessment
2026 $13,881 $1,345,100

Financial Details

Annual Property Tax
$13,881
Tax Year 2026
Assessed Value
$1,345,100

Facts & Features

5 Car Garage
Central AC

Home Facts

Type Residential Income
Style 4 Family
Year Built 1905
Living Area 5,632 sq ft
Lot Size 0.31 acres
Stories 3
Bedrooms 10
Full Baths 4
Total Rooms 22

Investment Metrics

Units 4
Unit 1 Rent $2,400/mo · N
Unit 2 Rent $2,950/mo · N
Unit 3 Rent $2,500/mo · N
Unit 4 Rent $3,200/mo · N
Total Monthly Rent $11,050/mo
Gross Income $132,600
Net Operating Income $107,016
Operating Expenses $25,584
Water/Sewer Expense $5,073
Cap Rate 5.49%
Heating Natural Gas
Cooling Central Air, None
Flooring Tile, Carpet, Varies
Appliances Range, Disposal, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Fireplace None
Basement Full, Interior Entry, Bulkhead
Laundry Washer Hookup, Dryer Hookup
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Tar/gravel
Features Balcony/deck, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood, Covered
Garage Spaces 5
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 13
Electric 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $13,881
Assessed Value $1,345,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Exclusions Tenant Belongings Excluded; Ownership Of Washers/Dryers, Microwaves & Basement Items Tbd.
Possession None
Accepted Financing Contract
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Sq Ft Disclosures Does not include detached garage ~1,400 -1,500 sqft. Electricity for Garage is on 204 electrical box
Documents None
County Middlesex

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1905
Bedrooms
10
Full Bathrooms
4
Living Area
5,632 sq ft
Total Rooms
22
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Carpet, Varies
Appliances: Range, Disposal, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Interior Features: Living Room, Dining Room, Kitchen
Windows: Insulated Windows
Basement: Full, Interior Entry, Bulkhead
Laundry: Washer Hookup, Dryer Hookup
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials: Frame
Roof: Tar/Gravel
Foundation: Brick/Mortar
Stories: 3

Utilities & Systems

Heating: Natural Gas
Cooling: Central Air, None
Cooling Zones: 3
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Porch, Deck - Wood, Covered
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 5
Total Parking Spaces: 13
Parking Features: Paved Drive, Off Street, Paved

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,157
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Location

Loading map...

Neighborhood

202-204 Charles Street, Waltham MA 02453

Waltham, MA 02453

Listing Information

Listing Agent Nicholas Neu
Listing Office Advantage Property Team LLC
Office Phone 781-209-0888
Agent MLS ID CN240661
Office MLS ID AN3565
Listing Data Updated Oct 15, 2026 12:29 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Waltham, MA

Real-time market trends and pricing data for this area

Loading market insights for Waltham.