61 Dartmouth consists of six residential units consisting of one 4-Bedroom/3-Bathroom unit, one 4-Bedroom/1-Bathroom unit, two 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units. The Property also features an on-site laundry facility and tandem off-street parking. 61 Dartmouth Street has been well-maintained throughout ownership and has been subject to significant capital improvements, including renovations to the roof, siding, and many of the windows, the building has been sprinklered, driveway areas have been paved, and two of the units have been fully renovated. 61 Dartmouth Street offers the ability to add value to a well-maintained building in an exceptional location. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the four unrenovated units. The Property offers excellent access to Downtown Waltham, Interstates 95 & 90, Brandeis University, and the Waltham and Brandeis/Roberts MBTA Train Stations.
This home has been viewed 21 times
Last Updated: March 8th, 2025 at 6:08am
Gross Income: $57,600
Gross Expenses: $13,981
Net Income Calc: $43,619
CAP Rate: 1.71%
Annual Expenses for 61 Dartmouth St, Waltham MA 02453
Total Gross Expenses (Calculated)$13,981/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$13,981
Annual Income & Unit Breakdown for 61 Dartmouth St, Waltham MA 02453
Total Gross Income (Calculated)$57,600
Unit 1
Rental Income1300
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income3500
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 3
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 4
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 61 Dartmouth St, Waltham MA 02453
Listing ID73340562
Property TypeMulti Family / 5+ Family
Price$2,550,000 ($359.81/SqFt)
Style
CityWaltham
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total7,087 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking1
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 61 Dartmouth St, Waltham MA 02453
Disclosures for 61 Dartmouth St, Waltham MA 02453
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$39,831
Total Gross Income By Broker$199,450
Total Net Income By Broker$159,619
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 61 Dartmouth St, Waltham MA 02453
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University
Contact Information for 61 Dartmouth St, Waltham MA 02453