An opportunity to purchase a stabilized and renovated multi-family asset in the thriving city of Waltham, MA: Six units. Five 1-bedroom and one 2 bedroom apartments located at 120-126 Felton Street. The building is located in the blossoming neighborhood near Brandeis University and has recently been completely renovated in 2024. Complete improvements to the studs include ductless mini-splits, water heaters, siding, kitchens, bathrooms, LVP flooring, roof, doors (36), windows (50), among other items. New electrical panels, wiring, and 400 amps. List of renovation improvements provided during tours.
This home has been viewed 42 times
Last Updated: March 30th, 2025 at 5:43am
Gross Income: $108,300
Gross Expenses: $21,124
Net Income Calc: $87,176
CAP Rate: 4.43%
Annual Expenses for 120-126 Felton, Waltham MA 02154
Total Gross Expenses (Calculated)$21,124/year
APOD AvailableYes
Heating$0
Electricity$738
Water$1,462
Gas$1,462
Insurance$5,045
Sewer$1,462
Trash Removal$0
Repair & Maintenance$1,075
Management$0
Miscellaneous$0
Real Estate Tax$12,804
Annual Income & Unit Breakdown for 120-126 Felton, Waltham MA 02154
Total Gross Income (Calculated)$108,300
Unit 1
Rental Income2250
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income2325
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income2250
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income2200
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
General Information for 120-126 Felton, Waltham MA 02154
Listing ID73336709
Property TypeMulti Family / 5+ Family
Price$1,970,000 ($444.9/SqFt)
Style
CityWaltham
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,428 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking0
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock,Stone
Accessible Features
Outdoor Space
ZoningCR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Interior Features for 120-126 Felton, Waltham MA 02154
Disclosures for 120-126 Felton, Waltham MA 02154
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$8,320
Total Gross Income By Broker$162,300
Total Net Income By Broker$141,176
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 120-126 Felton, Waltham MA 02154
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 120-126 Felton, Waltham MA 02154