Sold
181 School Street
Waltham MA, 02451
$2,500,000
$513.56 per sqft
Sold
11 Beds
11 Baths
4,868 sqft
Multi-family
Built in 1968
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.
72991168
MLSⓇ ID
June 2, 2022
Listed
February 20, 2025
Updated
Interior Features
Total Stories
7
Bedrooms
11
Total Bathrooms
11
Full Bathrooms
11
Interior Features
Unit 1(Studio, Bathroom With Tub Shower), Unit 2(Studio, Bathroom With Tub Shower), Unit 3(Studio, Bathroom With Tub Shower), Unit 4(Studio, Bathroom With Tub Shower)
Appliances
Washer, Dryer, Unit 1(Range, Refrigerator, Freezer), Unit 2(Range, Refrigerator, Freezer), Unit 3(Range, Refrigerator, Freezer), Unit 4(Range, Refrigerator, Freezer), Utility Connections for Electric Range, Utility Connections for Electric Oven
Laundry Description
Laundry Room, Washer Hookup, Dryer Hookup
Floor Description
Tile, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC), Unit 4(Wall AC)
Heating
Yes
Heating Description
Unit 1(Hot Water Baseboard, Gas, Unit Control), Unit 2(Hot Water Baseboard, Gas, Unit Control), Unit 3(Hot Water Baseboard, Gas, Unit Control), Unit 4(Hot Water Baseboard, Gas, Individual)
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Level
Roof
Rubber
Sewer
Public Sewer
Window
Insulated Windows
School Information
High School
Whs
Elementary School
Plympton
Other Property Details
Taxes
$13,702
Tax Frequency
Annually
Days on Market
232
Garage
No
Parking
Paved Drive, Off Street
Parking Total
10
View
No
County
Middlesex
Water Source
Public
Pool
No
Utilities
for Electric Range, for Electric Oven, Washer Hookup
Zoning
Business B
Courtesy of Glenna Gelineau, Gelineau & Associates, R.E.
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Data last updated 5:56 PM UTC, 2/20/2025
