123-125 Chestnut St

3,874 Sq. Ft.
$297 / Sq. Ft.
3,874
Sq. Ft.
$297
per Sq. Ft.

Description

Rare, exceptional investment opportunity! Well-maintained 4-unit multi-family dwelling ideally located in the heart of downtown Waltham; with one apartment vacant for immediate occupancy - perfect for owner occupants, or additional rental income! Just moments from Moody Street’s vibrant restaurants, shops, and entertainment. This spacious property offers 7 bedrooms and 4 bathrooms across four residential units, creating strong rental potential and flexible options for investors or owner-occupants....Rare, exceptional investment opportunity! Well-maintained 4-unit multi-family dwelling ideally located in the heart of downtown Waltham; with one apartment vacant for immediate occupancy - perfect for owner occupants, or additional rental income! Just moments from Moody Street’s vibrant restaurants, shops, and entertainment. This spacious property offers 7 bedrooms and 4 bathrooms across four residential units, creating strong rental potential and flexible options for investors or owner-occupants. Off-street parking for 4 vehicles provides exceptional value in this highly desirable location. Convenient to public transportation, parks, shopping, and major commuter routes. A rare chance to own a solid income-producing property in one of Waltham’s most sought-after areas.
  1. Listed by Adriana Scholz • Lamacchia Realty, Inc.

Property Details for 123-125 Chestnut Street

Town
Waltham
Area
MA-Waltham
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 05/06/2026 07:07 PM

Property Details for 123-125 Chestnut Street

StatusContingent
MLS #73508395
Days on Market8
Taxes$12,102 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1910
CountyMiddlesex County

Location

Listing Courtesy of Lamacchia Realty, Inc., Adriana Scholz
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Building Information for 123-125 Chestnut Street

Stories6Residences4Year Built1910Building Size-Lot Size0.10 AC / 4,530 SF

Payment Calculator

$6,799 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,791

Property Taxes

$1,009

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 123-125 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
  • Living Area: 3874.0
  • Color: Grey,White
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Whittemore
  • High School: Waltham High
  • Middle School: Mcdevitt
Features
Interior Features
  • Basement Features: Bulkhead, Concrete Floor, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Carpet, Concrete, Hardwood
  • Interior Features: Walk-In Closet(s), Bathroom With Tub & Shower, Other(See Remarks), Floored Attic, Walk-Up Attic, Heated Attic, Ceiling Fan(s), Living Room, Kitchen, Office/Den, Laundry Room, Loft
  • Interior Features: Other(See Remarks), Window AC
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Screens
Exterior Features
  • Construction: Conventional (2x4-2x6)
  • Exterior Features: Rain Gutters
  • Exterior Features: Screens
  • Roof Material: Asphalt/Composition Shingles
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Window AC, None
  • Cooling: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Disclosures: Buyers and buyers agents to perform due diligence. Some photos may be virtually enhanced. ***Please do not walk the premises without an appointment*** 123-2 is vacant
Tax Information
  • Tax ID: M:069 B:030 L:0010,839721
  • Assessments: $1,154,800
  • Block: 030
  • Book: 0000
  • Lot: 0010
  • Map: 069
  • Tax Year: 2025
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 0.0
  • Levels: 6
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $94,901.00
  • Insurance: $2,914.00
  • GRE: $8,690
  • RME: $1,750
  • NOI: $72,381.00
  • Operating Expense: $8,690.00
  • WSE: $620.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $5,750.00

Property History for 123-125 Chestnut Street

DateEvent & SourcePriceAppreciation
May 6, 2026

Contingent

MLS PIN #73508395

Apr 28, 2026

Listed (Active)

MLS PIN #73508395

$1,150,000
DateEvent & SourcePrice
05/06/2026

Contingent

MLS PIN #73508395

04/28/2026

Listed (Active)

MLS PIN #73508395

$1,150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123-125 Chestnut Street

Taxable ValueLand$336,000Additions$727,400Total$1,063,400
Tax Record2024$10,251 ($854 / month)
Home Facts
Baths4Total Finished SqFt3,874 SqFtAbove Grade Finished SqFt3,874 SqFtUnfinished Basement SqFt1,744 SqFtStories3Lot Size4,530 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyMIDDLESEXAPNWALT M:069 B:030 L:0010

Schools near 123-125 Chestnut Street

This home is within Waltham School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Henry Whittemore Elementary School
PublicK to 5

John W. McDevitt Middle School
Public6 to 8

Waltham Sr High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Lamacchia Realty, Inc., Adriana Scholz

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.