71 Francis Street, Waltham, MA

$2,595,000

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12

Beds

8

Baths

6,172

Square feet

0.29

Acres

About 71 Francis Street

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.

Features of 71 Francis Street

MLS® # 72918914
Price $2,595,000
Bedrooms 12
Bathrooms 8.00
Full Baths 7
Half Baths 1
Square Footage 6,172
Acres 0.29
Year Built 1900
Type Multi-Family
Sub-Type 5-9 Family
Status Active

Community Information

Address 71 Francis Street
City Waltham
County Middlesex
State MA
Zip Code 02452

Amenities

Parking Spaces 12

Additional Information

Foreclosure No

Listing Details

AgentGlenna Gelineau
OfficeGelineau & Associates, R.E.

Listing Map

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