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Home Massachusetts Multi-Family Homes for Sale

120-126 Felton St Waltham, MA 02453
5 Days on Jacob Realty
21
$1,900,000
Total Beds: 7 Total Baths: 6
Total Units: 6 SQFT: 4428
LOT size: 0.05 Acres
120-126 Felton St
Waltham, MA 02453
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Property Description

120-126 Felton St consists of a three-story building with six (6) residential units consisting of one (1), 2-Bedroom/1-Bathroom unit and five (5), 1-Bedroom/1-Bathroom units. Since it was acquired in 2023, current ownership has completed an extensive renovation of the property including new kitchens and bathrooms in all units, new LVP flooring, in-unit laundry, replaced all windows and doors, new roof, new siding, new hot water tanks as well as a new electrical service and added ductless mini splits to all units. The units are separately metered for electricity, electric heat, and electric hot water, which are paid directly by the tenants, with Landlord responsible for common area electric and domestic water and sewer. 120-126 Felton Street offers the opportunity to acquire a fully leased investment Property in an exceptional, urban-infill location. The Property is ideal for a potential buyer looking for income growth and strong investment returns.
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Property Details

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 6
  • Amenities: Public Transportation, Shopping, T-Station, University

Financial

  • APOD Available: Yes
  • Gross Operating Income: 165600
  • Gross Expenses: 30917
  • Net Operating Income: 134683

Utilities

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

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73391651
  • Last Updated: 06/20/25

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Map

Seller's Representative: Kelleher - Pentore Team, 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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-20 03:05:00

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