RARE OFFERING IN WALTHAM. 11 STUDIO APARTMENTS IN BRICK/STUCCO BUILDING. GOOD SIZED STUDIOS WITH FULLY APPLIANCED KITCHENS AND FULL BATHS. EASY LOW MAINTENANCE BUILDING. BRIGHT, SUNNY, RENOVATED UNITS. FULLY RENTED WITH EXCELLENT RENTAL HISTORY. UNITS SLIGHTLY UNDER RENTED FOR THE WALTHAM MARKET. POTENTIAL TO INCREASE RENTS FOR ANNUAL GROSS INCOME OF AN ESTIMATED $200,000 PER YEAR. ALL UNITS ARE CURRENTLY TENANT AT WILL. LAUNDRY ON SITE WITH COIN-OPERATED MACHINES FOR ADDITIONAL INCOME. ENERGY EFFICIENT GAS HEAT. WALL-UNIT AIR CONDITIONERS IN EACH UNIT. AMPLE PARKING. CONVENIENT DOWNTOWN LOCATION WITH EASY ACCESS TO TRANSPORTATION, SHOPPING, LIBRARY AND RESTAURANTS. EXCELLENT INVESTMENT OPPORTUNITY.
Sold for $2,500,000 on 04/07/23
$2,500,000
181 School St, Waltham, MA 02451
11beds
4,868sqft
5+ Family - 5+ Units Up/Down
Built in 1968
-- sqft lot
$-- Zestimate®
$514/sqft
$2,512 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 10, 2023 at 04:43am
Listed by:
Glenna Gelineau,
Gelineau & Associates, R.E.,
Nicole Shanley
Bought with:
Nicole Shanley
Gelineau & Associates, R.E.
Source: MLS PIN,MLS#: 72991168
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 11
- Full bathrooms: 11
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Tile, Carpet
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,868
- Total interior livable area: 4,868 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Lot
- Size: 6,151 sqft
- Features: Level
Details
- Parcel number: 836727
- Zoning: Business B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1968
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Waltham
HOA & financial
Other financial information
- Total actual rent: 13125
Other
Other facts
- Listing terms: Contract