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21 Days on Jacob RealtyPrice Reduced $125,000
9
$2,050,000
Total Beds: 7 Total Baths: 6
Total Units: 6 SQFT: 4428
LOT size: 0.05 Acres
120-126 Felton
Waltham, MA 02154
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Property Description

An opportunity to purchase a stabilized and renovated multi-family asset in the thriving city of Waltham, MA: Six units. Five 1-bedroom and one 2 bedroom apartments located at 120-126 Felton Street. The building is located in the blossoming neighborhood near Brandeis University and has recently been completely renovated in 2024. Complete improvements to the studs include ductless mini-splits, water heaters, siding, kitchens, bathrooms, LVP flooring, roof, doors (36), windows (50), among other items. New electrical panels, wiring, and 400 amps. List of renovation improvements provided during tours.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 7
  • Total Full Baths: 6
  • Basement Features: Concrete Floor
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Ceiling Fans
  • Common Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Microwave, Range, Refrigerator - ENERGY STAR, Washer - ENERGY STAR, Washer Hookup
  • Common Heating: Ductless Mini-Split System

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 162900
  • Gross Expenses: 7320
  • Electric Expenses: 738
  • Water/Sewer: 462
  • INSC: 5045
  • Repairs & Maintenance: 600
  • RFS: 475
  • Net Operating Income: 142776

Utilities

  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73336709
  • Last Updated: 03/10/25

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Map

Seller's Representative: Michael Hartwick, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-10 20:05:00