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$2,550,000
Total Beds: 14 Total Baths: 8
Total Units: 6 SQFT: 7087
LOT size: 0.11 Acres
61 Dartmouth St
Waltham, MA 02453
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Property Description

61 Dartmouth consists of six residential units consisting of one 4-Bedroom/3-Bathroom unit, one 4-Bedroom/1-Bathroom unit, two 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units. The Property also features an on-site laundry facility and tandem off-street parking. 61 Dartmouth Street has been well-maintained throughout ownership and has been subject to significant capital improvements, including renovations to the roof, siding, and many of the windows, the building has been sprinklered, driveway areas have been paved, and two of the units have been fully renovated. 61 Dartmouth Street offers the ability to add value to a well-maintained building in an exceptional location. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the four unrenovated units. The Property offers excellent access to Downtown Waltham, Interstates 95 & 90, Brandeis University, and the Waltham and Brandeis/Roberts MBTA Train Stations.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 14
  • Total Full Baths: 8
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 199450
  • Gross Expenses: 39831
  • Net Operating Income: 159619

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73340562
  • Last Updated: 03/07/25

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Map

Seller's Representative: John Pentore, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-07 03:05:00