This Property is No Longer Available
69 Cherry Street, Waltham, MA 02453
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$1,015,000
*Sale Price
2 Unit
4 Beds
2 Baths
2121 SQFT
0.18 Acre

Property Description

Great opportunity to invest in a 2-family at a fantastic location near Moody Street. Ideal for owner occupant or turn-key rental property! The 1st-unit is a 2 bedroom with hardwood throughout (tile in kitchen and bathroom) and the 2nd-unit is set up as a 2/3 bedroom. Each has one bathroom and all appliances. The 2nd-floor unit was completely renovated in 2006 (modern granite kitchen and bathroom) - hardwoods on the first floor and carpeting on the 2nd floor (of unit 2). Both units are lead-safe/compliant! Water heaters new in May 2017 (2nd floor), January 2018 (1st floor), Low maintenance vinyl siding; Replacement windows; Gas heat/ hot water, Roof is only 12 years old, minimal landscaping and 10+ car parking (great potential as well)!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University
  • Basement Features: Concrete Floor, Full, Partially Finished
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Lead Certification Available, Pantry, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators

Financial

  • APOD Available: No
  • Gross Operating Income: 60000
  • Gross Expenses: 10000
  • Net Operating Income: 50000

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • 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: 2
  • Levels: 2

Construction

  • Year Built: 1910
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73254157
  • Last Updated: 09/28/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/28/2024Sold$1,015,000$479MLSPIN
08/21/2024Under Agreement$1,049,000$495MLSPIN
08/13/2024Contingent$1,049,000$495MLSPIN
07/26/2024Active$1,049,000$495MLSPIN
07/22/2024Price Change$1,049,000$495MLSPIN
06/29/2024Active$1,099,000$518MLSPIN
06/25/2024New$1,099,000$518MLSPIN

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Seller's Representative: Weidong Li, WINN Real Estate & Consulting
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1.0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-28 14:28:00

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