(617) 955-2224

284-286 River St., Waltham MA 02453

Waltham, MA 02453
$2,400,000
Est. $13,106/month
8
Beds
5
Baths
4,800
Sq Ft
$500
Price/Sq Ft
0.15
Acres
1880
Year Built
1
Garage Space
2 Family - 2 Units Side by Side
Type
6 hours 55 minutes
Time on Market
Active Listed Aug 3, 2026 • MLS# 73558315 Copied! • Updated Aug 3, 2026

About this home

Presenting a significant investment opportunity at 284-286 River St., Waltham, MA, United States. Constructed in 1880, this multi-family property spans 4800 square feet of living area on a 6599 square foot lot, offering a compelling blend of historical character and expansive potential. The property features a total of eight generously proportioned bedrooms, providing ample private accommodations for residents. Complementing the living spaces are four full bathrooms and two half bathrooms, designed to accommodate the needs of multiple households with convenience and functionality. Additional amenities include a single-space garage, offering secure parking or supplementary storage. This property represents a unique opportunity for discerning investors or owner-occupants seeking substantial living arrangements and income potential in a well-established community.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Aug 3, 2026
$2,400,000
Original listing
Agent: Vahan Sardaryan Office: eXp Realty LLC

Tax History

Year Taxes Assessment
2026 $9,238 $1,650,000

Financial Details

Annual Property Tax
$9,238
Tax Year 2026
Assessed Value
$1,650,000

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 1880
Living Area 4,800 sq ft
Lot Size 0.15 acres
Bedrooms 8
Full Baths 4
Half Baths 2
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $5,500/mo · Y
Unit 2 Rent $5,300/mo · Y
Total Monthly Rent $10,800/mo
Gross Income $66,000
Net Operating Income $66,000
Cap Rate 2.75%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Paved Drive
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,238
Assessed Value $1,650,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Appraiser
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1880
Bedrooms
8
Full Bathrooms
4
Half Bathrooms
2
Living Area
4,800 sq ft
Total Rooms
14
Stories
6
Levels
6

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Block
Stories: 6

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Paved Drive
School District
Waltham School District local
B+
✓ School Safety 2024-25
2.3% Average
2.2% Suspensions 1.4% In-School 0.1% Emergency
↓ 3.2% below state avg
E

Elementary Schools

10 schools
The Lumen Academy
0.7 mi
Grades PK-08
Milestones Day School
2.1 mi
Grades 02-12
Our Lady's Academy
2.5 mi
Grades PK-08
B
Henry Whittemore Elementary School
0.5 mi | #357 of 824 | Score: 49.0
Improved 144 spots from last year
-9.2 below state avg
372 students Moderate
Rising School
Grades K-05
B+
James Fitzgerald Elementary School
1.0 mi | #270 of 824 | Score: 51.8
Improved 2 spots from last year
-6.4 below state avg
350 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
B+
Thomas R Plympton Elementary School
1.1 mi | #303 of 824 | Score: 50.8
Improved 344 spots from last year
-7.4 below state avg
357 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
William F. Stanley Elementary School
1.3 mi | #420 of 824 | Score: 47.2
Improved 49 spots from last year
-11.1 below state avg
381 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Dual Language School
1.5 mi | #433 of 824 | Score: 46.6
Dropped 101 spots from last year
-11.6 below state avg
222 students Moderate
Grades K-05
B
Northeast Elementary School
2.1 mi | #352 of 824 | Score: 49.1
Improved 255 spots from last year
-9.1 below state avg
527 students Diverse
Rising School Diverse Student Body
Grades PK-05
A-
Douglas MacArthur Elementary School
2.5 mi | #185 of 824 | Score: 55.9
Improved 213 spots from last year
-2.3 below state avg
475 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
B
John W. McDevitt Middle School
0.6 mi | #160 of 352 | Score: 43.8
Dropped 17 spots from last year
-14.4 below state avg
618 students Diverse
Grades 06-08
A-
John F Kennedy Middle School
0.8 mi | #94 of 352 | Score: 50.3
Improved 34 spots from last year
-7.9 below state avg
635 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

4 schools
B-
Waltham Senior High School
0.8 mi | #179 of 346 | Score: 53.0
Improved 59 spots from last year
-5.2 below state avg
1,791 students Diverse
21 sports • 1,802 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Chapel Hill Chauncy Hall School
1.2 mi
Grades 09-12
Waltham Valor High School
1.5 mi
49 students Less Diverse
Grades 09-12
Gann Academy-The New Jewish High School
1.7 mi
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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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 $770
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

284-286 River St., Waltham MA 02453

Waltham, MA 02453

Listing Information

Listing Agent Vahan Sardaryan
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID CN252987
Office MLS ID AN7038
Listing Data Updated Aug 3, 2026 1:27 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
mail@steve-novak.com
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