$200K price reduction!! Fully occupied mixed-use investment property in South Waltham with a legal rooming/lodging house license from the City of Waltham. In-place gross monthly rent of $10,500 from 4 apartments - (2) studios, (1) 3 bed/1 bath, (1) 1 bed/ 1 bath - and 5 SRO units; In addition the building contains an owner occupied retail suite, which will be delivered vacant upon sale and can be subdivided back into two separate spaces. The current rent roll does not include future rent from retail suite(s). See attached marketing flyer for additional details. Heavy value-add - building needs work.
This property sold for 25.7% below the original asking price.
The property spent 51 days on market before selling.
South Waltham
75-83 Prospect Street, Waltham MA 02453
Waltham, MA 02453
School information not available
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/10/2024 | ✓ Sold | $1,000,000 | - | - | Property sold |
| 06/11/2024 | 🏠 Listed for Sale | $1,145,000 | - | - | Original listing |
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