11 Derby Street, Waltham, MA 02453
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$829,000
2 Unit
2 Beds
2 Baths
1901 SQFT
0.13 Acre

Property Description

Builder and investor opportunity in Waltham's desirable South Side! Offered as an income-producing investment property, currently two large 1-bedroom units with expansion potential. Located in an RB zoning district with Old Lot Opinion flexibility, allowing for a 1647 sq ft buildable footprint and reduced side-yard setback requirements per town guidelines. Two-family structure in place with strong potential for redevelopment, condo conversion, or expansion including a possible accessory dwelling unit (ADU), subject to municipal approvals. Inquire about seller finance option. Buyer to perform all due diligence.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 2
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, University

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73459250
  • Last Updated: 01/25/26

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Seller's Representative: Lisa Lyons, Coldwell Banker Realty - Waltham
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 2026-01-25 03:06:00