280-282 River Street, Waltham MA 02453

Waltham, MA 02453
$1,349,900
Est. $7,953/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.

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5
Beds
4
Baths
3,264
Sq Ft
$414
Price/Sq Ft
0.15
Acres
1920
Year Built
2
Garage Spaces
2 hours 35 minutes
Time on Market
For Sale Listed Sep 11, 2026 • MLS# 73575796 Copied! • Updated Sep 11, 2026

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About this home

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.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 11, 2026
$1,349,900
Original listing
Agent: Lisa Dallaire Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
2026 $11,123 $1,077,800

Financial Details

Annual Property Tax
$11,123
Tax Year 2026
Assessed Value
$1,077,800

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1920
Living Area 3,264 sq ft
Lot Size 0.15 acres
Stories 4
Bedrooms 5
Full Baths 4
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent $1,600/mo · N
Unit 2 Rent $1,600/mo · N
Unit 3 Rent $3,000/mo · N
Total Monthly Rent $6,200/mo
Gross Income $74,400
Net Operating Income $74,400
Cap Rate 5.51%
Heating Natural Gas
Cooling None
Flooring Tile, Laminate, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry None
Features Living Room, Kitchen, Family Room, Living Rm/dining Rm Combo
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Shared Driveway, Off Street
Total Spaces 7
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,123
Assessed Value $1,077,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures The Property Is Accessed Via A Shared Driveway Leading To The Rear Parking Area. Parking Spaces Located Behind 280-282 River Street Are Designated Exclusively For Tenants Of The Property.
Exclusions All Personal Property
Possession None
Accepted Financing Contract
Structure Type []
House Color Beige
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
5
Full Bathrooms
4
Living Area
3,264 sq ft
Total Rooms
12
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Tile, Laminate, Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Living Room, Kitchen, Family Room, Living RM/Dining RM Combo
Windows: Insulated Windows
Basement: Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 3
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 7
Parking Features: Paved Drive, Shared Driveway, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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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 $927
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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Current 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.

Location

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Neighborhood

280-282 River Street, Waltham MA 02453

Waltham, MA 02453

Listing Information

Listing Agent Lisa Dallaire
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 781-313-2772
Agent MLS ID BB808434
Office MLS ID AN5824
Listing Data Updated Sep 11, 2026 1:41 AM EDT
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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Steve Novak Real Estate
Steve Novak Real Estate
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