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181 School StreetWaltham, MA 02451Sale Price: $2,500,000

  • Sale Price: $2,500,000
  • 251 Days Since Sale
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,595,000List Price
  • 11Bedrooms
  • 11Bathrooms
  • 0.14Acreage
  • 4,868Square Feet

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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.

Property Details of 181 School Street

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Listed by Glenna Gelineau and Nicole Shanley of Gelineau & Associates,R.E.

Listing Sold by Gelineau & Associates, R.E.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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