Announcing a rare opportunity to acquire 5 multifamily units in the heart of Waltham, MA. Located at 7-11.5 Felton Street, the parcel has a 4-unit and single family home that are 100% occupied. The property features a total of fourteen (14) bedrooms, newly upgraded kitchens, and two new roofs replaced in 2023. Situated right off of Moody Street, the property offers easy access to local amenities, restaurants and shopping. Additionally, its proximity to the bus line enhances transportation convenience appealing to those who rely on public transit. For additional information on the rent roll or to schedule a showing, please reach out to the listing agents.
This home has been viewed 28 times
Last Updated: March 8th, 2025 at 6:33am
Gross Income: $104,400
Gross Expenses: $23,852
Net Income Calc: $80,548
CAP Rate: 3.66%
Annual Expenses for 7-11.5 Felton, Waltham MA 02453
Total Gross Expenses (Calculated)$23,852/year
APOD AvailableYes
Heating$0
Electricity$200
Water$7,000
Gas$7,000
Insurance$4,454
Sewer$7,000
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$12,198
Annual Income & Unit Breakdown for 7-11.5 Felton, Waltham MA 02453
Total Gross Income (Calculated)$104,400
Unit 1
Rental Income2300
LeaseN
Bedrooms3
Bathrooms1 Full
Floor7
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income2300
LeaseN
Bedrooms3
Bathrooms1 Full
Floor9
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income2300
Lease
Bedrooms3
Bathrooms1 Full
Floor9
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income1800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 7-11.5 Felton, Waltham MA 02453
Listing ID73340233
Property TypeMulti Family / 5+ Family
Price$2,200,000 ($282.67/SqFt)
Style
CityWaltham
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total7,783 SqFt
Approximate Lot Size (Acres)0.25 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 Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningC
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 7-11.5 Felton, Waltham MA 02453
Disclosures for 7-11.5 Felton, Waltham MA 02453
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$23,872
Total Gross Income By Broker$142,899
Total Net Income By Broker$118,928
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Location Information for 7-11.5 Felton, Waltham MA 02453
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, University
Contact Information for 7-11.5 Felton, Waltham MA 02453