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!

Facts and features

Schools

• John W. McDevitt Middle School

  middle · 6-8 · 0.5 mi

  7

• William F. Stanley Elementary School

  elementary · K-5 · 0.8 mi

  6

• Waltham Sr High School

  high · 9-12 · 1.5 mi

  4

• Chapel Hill Chauncy Hall School

  middle · 7-12 · 0.9 mi

• Thomas R Plympton Elementary School

  elementary · K-5 · 0.5 mi

  5

• Waltham Public Schools Dual Language Program

  elementary · K-5 · 0.6 mi

  7

Price history

• Oct 25, 2026 · Price Changed$1,795,000
• Oct 15, 2026 · Listed$1,950,000
• Jun 3, 2009 · Listing Removed$799,000
• Mar 2, 2009 · Listed$799,000

Where it is