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    111 Felton St.

    Waltham, MA 02453
    • $1,500,000
    • STATUS: Active
    • MLS #: 72807531
    UPDATED: 51 min ago
    $1,500,000
    • 9
      BEDS
    • 0.25
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 3,325
      SQFT
    • $451
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Kiernan Middleman of Berkshire Hathaway Homeservices Warren Residential.

    Description

    Opportunity knocks in the Riverfront Redevelopment District! Bring your business! A residential 3 family home and 2 outbuildings are situated on this mixed-use parcel. Leases in place for units 1 ($1600/mo) and 2 ($2000/mo) through 8/31/2021 and 6/30/2021, respectively. Unit 3 is vacant and would make a great owner's unit with 4 beds, 1 bath, in-unit laundry, and a roof deck or provide an additional +-$28,800/yr in rental income. Electrical and gas services in the 3-family are separately metered, and the heating systems are newer. The first outbuilding is an open 2 bay garage with a 20x16 workshop above, connected to the 3-family structure through a large basement. A second outbuilding features a 38x20 garage/workshop area with a 1/2 bathroom on the first level, and an accessory space with 3 rooms, a full bathroom, and a kitchenette opening to a deck on the second level. This rare find is perfect for those looking for a mixed-use property in a booming area, ripe for redevelopment!

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-12T15:08:18.253.
    www.gillachgroup.com/homes/115693715
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    111 Felton St. Waltham, MA 02453

    • Price: $1,500,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 72807531
    9
    Beds
    5
    Baths
    1
    ½ Baths
    0.25
    Acres
    3,325
    SQFT
    $451
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Opportunity knocks in the Riverfront Redevelopment District! Bring your business! A residential 3 family home and 2 outbuildings are situated on this mixed-use parcel. Leases in place for units 1 ($1600/mo) and 2 ($2000/mo) through 8/31/2021 and 6/30/2021, respectively. Unit 3 is vacant and would make a great owner's unit with 4 beds, 1 bath, in-unit laundry, and a roof deck or provide an additional +-$28,800/yr in rental income. Electrical and gas services in the 3-family are separately metered, and the heating systems are newer. The first outbuilding is an open 2 bay garage with a 20x16 workshop above, connected to the 3-family structure through a large basement. A second outbuilding features a 38x20 garage/workshop area with a 1/2 bathroom on the first level, and an accessory space with 3 rooms, a full bathroom, and a kitchenette opening to a deck on the second level. This rare find is perfect for those looking for a mixed-use property in a booming area, ripe for redevelopment!
    Exterior Features

    Beachfront No Construction FrameStone/Concrete Exterior Features Deck Foundation Fieldstone Lot Description Paved Drive Parking Features Off-StreetPaved Driveway Parking Spaces 10 Road Type Public Roof Material Asphalt/Fiberglass ShinglesRubber Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 4 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTileVinyl Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Full Baths Unit1 2 Full Baths Unit2 2 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water OilNatural Gas Levels 3 Levels Unit1 2 Levels Unit2 2 Levels Unit3 2 Rooms 15 Rooms Unit1 4 Rooms Unit2 5 Rooms Unit3 6

    Property Features

    Apod Available No Assessments 982500.00 Disclosure No Disclosures Legal Non Conforming 3 Family. Subject To License To Sell. Floor/Plans Measurements Provided By Photographer Are Approximate And For Marketing Purposes Only. Gross Operating Income 43200 Lead Paint YesCertified Treated Lease Unit1 Y Lease Unit2 Y Lease Unit3 N Lender Owned No Lot 20 Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 43200 Rent Unit1 1600 Rent Unit2 2000 Rent Unit3 0 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Three Family Structure Only Sq Ft Source Other Tax Year 2021 Taxes 11121.90 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Comm

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Kiernan Middleman of Berkshire Hathaway Homeservices Warren Residential.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-12T15:08:18.253.
     
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    The Gillach Group | William Raveis Real Estate
    191 Grove Street
    Chestnut Hill MA, 02467
    Listing courtesy of Kiernan Middleman of Berkshire Hathaway Homeservices Warren Residential.