90-96 Bacon Street, Waltham MA 02451

Waltham, MA 02451
$3,999,500
$3,799,500
Est. $22,654/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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16
Beds
15
Baths
8,340
Sq Ft
$456
Price/Sq Ft
0.47
Acres
1920
Year Built
15
Parking
38
Days on Market
For Sale Price Drop -$200,000 Listed Aug 4, 2026 • MLS# 73558899 Copied! • Updated Sep 9, 2026

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About this home

Rare opportunity to acquire a 15-unit, multi-building multifamily asset in a prime Waltham location. 90–96 Bacon Street consists of three buildings (two 4-family and one 7-unit) totaling 8,340 sq ft on a 0.47-acre lot with 15 off-street parking spaces. The property offers strong in-place occupancy with value-add potential through unit renovations and operational improvements. Utilities are partially landlord-paid, presenting an opportunity for future efficiency enhancements. Conveniently located near Main Street and Central Square, steps from public transportation, and major commuter routes, the property benefits from consistent tenant demand. A rare chance to acquire scale in the Waltham multifamily market.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5%
Price Range

Property Timeline

Price Reduced
Sep 9, 2026
$3,799,500 $200,000 (-5%)
From $3,999,500 to $3,799,500 (-5.0%)
🏠
Listed for Sale
Aug 4, 2026
$3,999,500
Original listing
Agent: Nicholas Neu Office: Advantage Property Team LLC

Tax History

Year Taxes Assessment
2026 $38,900 $2,867,800

Financial Details

Annual Property Tax
$38,900
Tax Year 2026
Assessed Value
$2,867,800

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 8,340 sq ft
Lot Size 0.47 acres
Stories 7
Bedrooms 16
Full Baths 15
Total Rooms 42

Investment Metrics

Units 15
Unit 1 Rent $8,995/mo · N
Unit 2 Rent $6,718/mo · N
Unit 3 Rent $9,999/mo · N
Total Monthly Rent $25,712/mo
Gross Income $340,452
Net Operating Income $277,943
Operating Expenses $62,509
Water/Sewer Expense $12,051
Electric Expense $9,560
Insurance Expense $8,304
Cap Rate 7.32%
Heating Oil
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partial, Bulkhead, Dirt Floor, Concrete
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Paved
Total Spaces 15
Electric Circuit Breakers, Common, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range

Financial

Annual Tax $38,900
Assessed Value $2,867,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Appraiser
Sq Ft Disclosures LA includes 90 Bacon (4-Family), 94 Bacon (4-Family), 96 Bacon (7-Unit Building)
Documents None
County Middlesex
Total market time (incl. prior listings) 36 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
16
Full Bathrooms
15
Living Area
8,340 sq ft
Total Rooms
42
Stories
7
Levels
7

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial, Bulkhead, Dirt Floor, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter, Stone
Stories: 7

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 15
Parking Features: Off Street, Paved
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

3 schools
B+
Thomas R Plympton Elementary School
0.2 mi | #305 of 825 | Score: 50.7
Improved 342 spots from last year
-7.5 below state avg
335 students Diverse
Rising School Diverse Student Body
Grades K-05
B
William F. Stanley Elementary School
1.0 mi | #412 of 825 | Score: 47.4
Improved 57 spots from last year
-10.8 below state avg
396 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Dual Language School
1.2 mi | #410 of 825 | Score: 47.5
Dropped 78 spots from last year
-10.7 below state avg
219 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A-
John F Kennedy Middle School
0.4 mi | #95 of 352 | Score: 50.3
Improved 33 spots from last year
-8 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades 06-08
B
John W. McDevitt Middle School
0.5 mi | #160 of 352 | Score: 43.8
Dropped 17 spots from last year
-14.4 below state avg
604 students Diverse
Grades 06-08
A+
F.A. Day Middle School
2.1 mi | #13 of 352 | Score: 63.2
Improved 38 spots from last year
+5 above state avg
830 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
B-
Waltham Senior High School
0.4 mi | #181 of 346 | Score: 53.6
Improved 57 spots from last year
-4.6 below state avg
1,784 students Diverse
21 sports • 1,802 athletes
Strong AP Program Early College Program Rising School Career Tech Programs
Grades 09-12
Chapel Hill Chauncy Hall School
0.7 mi
Grades 09-12
Waltham Valor High School
1.2 mi
47 students Less Diverse
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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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 $3,242
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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+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.

Location

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Neighborhood

90-96 Bacon Street, Waltham MA 02451

Waltham, MA 02451

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 Sep 9, 2026 1:24 PM 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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