120-126 Felton St, Waltham, MA 02453
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$1,900,000
6 Unit
7 Beds
6 Baths
4428 SQFT
0.05 Acre

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.

Property Details tap to expand

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

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/20/2025Active$1,900,000$429MLSPIN
06/16/2025New$1,900,000$429MLSPIN
04/22/2025Canceled$1,800,000$407MLSPIN
04/21/2025Temporarily Withdrawn$1,800,000$407MLSPIN
04/14/2025Active$1,800,000$407MLSPIN
04/10/2025Price Change$1,800,000$407MLSPIN
04/02/2025Active$1,970,000$445MLSPIN
03/29/2025Price Change$1,970,000$445MLSPIN
03/02/2025Active$2,050,000$463MLSPIN
02/26/2025Price Change$2,050,000$463MLSPIN
02/23/2025Active$2,175,000$491MLSPIN
02/19/2025New$2,175,000$491MLSPIN
02/04/2024Sold$680,000$154MLSPIN
10/02/2023Under Agreement$1,091,000$246MLSPIN
09/23/2023Active$1,091,000$246MLSPIN
09/19/2023New$1,091,000$246MLSPIN

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

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