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  • $2,595,000List Price
  • 12Bedrooms
  • 8Bathrooms
  • 6,172Square Feet

71 Francis StreetWaltham, MA 02452Price: $2,595,000

  • Price: $2,595,000
  • Est. Mortgage of $/month
  • 28 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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EXCELLENT INVESTMENT OPPORTUNITY! SEVEN (7) Residential units. Highly desirable downtown Waltham locale. Buildings are in good condition, well maintained and afford an excellent rental history. 7 units, 2 buildings, property is comprised of a 6 unit building and a single family on one lot with ample parking. The six unit consists of two (1) bedroom units and four (2) bedroom units..the single family consists of 5 rooms with (2) bed rooms. All Separate gas heat and electric. All apartments are currently TAW and are currently rented far below market. With an increase to the current rents of 40% - 50% there is potential for a 6% cap rate and still remain within current market rents for the City of Waltham. There is potential of bringing the monthly rent to $13,000+-. Excellent condo conversion potential. A rare offering in highly sought after Waltham. Prime convenient location, walk to shopping, restaurants and transportation.

Property Details of 71 Francis Street

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Listed by Glenna Gelineau and Nicole Shanley of Gelineau & Associates,R.E.

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