About this home

Exceptional, Turnkey, three-family opportunity in desirable South Waltham! Offering versatility for both owner-occupants and investors, this multi-family property features a larger 1,600+- square foot unit at 282 River Street, renovated in 2025, along with two additional 800+- square foot units at 280 River Street, remodeled in 2020 and 2022. The rental income from the two additional units can help offset ownership costs, while renting all three units offers the potential to maximize cash flow. Additional features include separate gas and electric utilities, two sets of washer and dryer hookups, hardwood flooring, ample off-street parking and a two-car garage with additional parking or storage. Conveniently located near the Charles River, The Charles River Walkway, major routes, schools, Bentley and Brandeis Universities, public transportation and numerous restaurant and shopping venues. An excellent opportunity for owner-occupancy with supplemental rental income or for investors seeking a 1031 exchange property. Potential for conversion to four units, subject to buyer due diligence and all applicable approvals.

Facts and features

Schools

• John W. McDevitt Middle School

  middle · 6-8 · 0.5 mi

  7

• James Fitzgerald Elementary School

  elementary · K-5 · 1.0 mi

  6

• Waltham Sr High School

  high · 9-12 · 1.6 mi

  4

• St Jude School

  elementary · PK-8 · 0.7 mi

• Henry Whittemore Elementary School

  elementary · K-5 · 0.5 mi

  6

• Waltham Public Schools Dual Language Program

  elementary · K-5 · 0.6 mi

  7

Price history

• Oct 12, 2026 · Price Changed$1,299,000
• Sep 11, 2026 · Listed$1,349,900

Where it is