117 South Street

Waltham, MA 02453

$1,295,000
Price
11
Beds
4
Baths
5,361 Sq. Ft.
$242 / Sq. Ft.
5,361
Sq. Ft.
$242
per Sq. Ft.

Description

This is a great opportunity for an investor or end user looking to maximize their rental income with a 4 Unit residence located in a prime location in Waltham. The property has been updated including two kitchens and two baths, three newer water heaters, one new furnace and all new electric meters and boxes. Low maintenance vinyl siding and roof was replaced in 2009. In close proximity to Brandeis University and the MBTA commuter rail, as well as minutes from I-90, RT 128 and nearby shops and restaurants....This is a great opportunity for an investor or end user looking to maximize their rental income with a 4 Unit residence located in a prime location in Waltham. The property has been updated including two kitchens and two baths, three newer water heaters, one new furnace and all new electric meters and boxes. Low maintenance vinyl siding and roof was replaced in 2009. In close proximity to Brandeis University and the MBTA commuter rail, as well as minutes from I-90, RT 128 and nearby shops and restaurants. An excellent addition to any investment portfolio. Showings begin at open house fri 4/26 5-6; sat 4/27 12-1:30.
  1. Listed by Mizner + Montero • Gibson Sotheby's International Realty
  2. Listed by Aphrodite Karpouzis • Gibson Sotheby's International Realty

Property Details for 117 South Street

Town
Waltham
Area
MA-Waltham
Garage Spaces
0
Parking Spaces
9.00
Parking Spaces Total
9

Location

Listing Courtesy of Gibson Sotheby's International Realty, Mizner + Montero; Gibson Sotheby's International Realty, Aphrodite Karpouzis
Add your commute
LISTING UPDATED: 04/30/2024 08:36 PM

Property Details for 117 South Street

StatusContingent
MLS #73228032
Days on Market6
Taxes$12,863 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Gibson Sotheby's International Realty, Mizner + Montero; Gibson Sotheby's International Realty, Aphrodite Karpouzis
Add your commute

Building Information for 117 South Street

Stories5Residences4Year Built1900Building Size-Lot Size0.21 AC / 8,991 SF

Payment Calculator

$8,139 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,067

Property Taxes

$1,072

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 South Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Medical Facility, Highway Access, Public School, T-Station, University
  • Living Area: 5361.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Stanley
  • High School: Waltham High
  • Middle School: Mcdevitt
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement Features: Bulkhead
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Stone/Ceramic Tile, Wood
  • Interior Features: Living Room, Kitchen, Laundry Room, Dining Room, Office/Den
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch, Deck
  • Lot Description: Corner Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Heating: Natural Gas, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller/seller agent make no warranties/representations. Buyer/buyer agent responsible for all due diligence. Rental income for three of the four units has not increased in many years. Two units tenants at will,one unit lease is until May 31,2024,and fourth lease is until July 31,2024.
Tax Information
  • Tax ID: M:067 B:009 L:0003,839054
  • Assessments: $1,334,300
  • Book: 63141
  • Tax Year: 2024
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 11
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Stone
  • Cooling Zones: 0
  • Heat Zones: 4
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $93,600.00
  • Insurance: $4,456.00
  • GRE: $7,956
  • NOI: $93,600.00
  • Operating Expense: $7,956.00
  • WSE: $3,500.00
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: N
  • Levels U3: 2
Unit 4 Description
  • Lease U4: Y
Rental Info
Rental Info
  • Total Actual Rent: $7,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 117 South Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 117 South Street

Taxable ValueLand$336,000Additions$998,300Total$1,334,300
Tax Record2024$12,863 ($1,072 / month)
Home Facts
Baths4Total Finished SqFt4,389 SqFtAbove Grade Finished SqFt4,389 SqFtUnfinished Basement SqFt1,363 SqFtStories3Lot Size8,991 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1985CountyMIDDLESEXAPNWALT M:067 B:009 L:0003

Schools near 117 South Street

This home is within Waltham School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
William F. Stanley Elementary School
PublicPK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gibson Sotheby's International Realty, Mizner + Montero; Gibson Sotheby's International Realty, Aphrodite Karpouzis

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.