5 Days on Boardwalk Properties
9
120-126 Felton, Waltham, MA 02154
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$2,175,000
6 Unit
7 Beds
6 Baths
4428 SQFT
0.05 Acre

Property Description

An opportunity to purchase a stabilized and renovated multi-family asset in the thriving city of Waltham, MA: six 1-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.

Property Details tap to expand

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: 159000
  • Gross Expenses: 7320
  • Electric Expenses: 738
  • Water/Sewer: 462
  • INSC: 5045
  • Repairs & Maintenance: 600
  • RFS: 475
  • Net Operating Income: 138876

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: 02/23/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/23/2025Active$2,175,000$491MLSPIN
02/19/2025New$2,175,000$491MLSPIN

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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 2025-02-23 03:06:00