Multi Family · Fixer
202-204 Charles Street
Waltham, MA 2453 · MLS 73591277
$1,795,000
1 / 40
- Beds—
- Baths—
- Sq Ft5,632
- Year1905
- Style—
- $ / Sq Ft$319
- HOA—
- Taxes$13,881
- Parking8
- Lot13670.0
- MLS73591277
- StatusActive
About this home
Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!
Location
More about Waltham
| Waltham Profile | Snapshot |
|---|---|
| Primary Vibe | Diverse city with dining on Moody Street, tech presence, and residential streets. Popular with buyers seeking relative value and amenities. |
| Housing Prices | More approachable than closer-in areas. Prices vary by condition and location. Multi-family homes offer rental potential. |
| Commute to Boston | Commuter rail and highway access provide convenience. Driving and bus options exist. Parking is generally more available than downtown. |
| Schools | Served by Waltham Public Schools. Confirm assignments with the district. |
| Market | Demand supported by location and amenities. Updated properties near transit or Moody Street attract interest. |
| Housing Styles | Multi-family homes, condominiums, and single-family houses. Newer infill appears near commercial areas. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.

