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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

    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.

    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
    Services availability