21-23 Lowell Street, Waltham, MA 02453
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$1,295,000
4 Unit
6 Beds
4 Baths
3617 SQFT
0.14 Acre

Property Description

21–23 Lowell Street is a three-story building with four residential units. The property includes one 1-bedroom/1-bath unit, one 1-bedroom plus office/1-bath unit, and two 2–3 bedroom/1-bath units. Units feature high 9’ ceilings, hardwood floors throughout, and all units have separate utilities including seperate gas boilers and water heaters.The property features two driveways and a two-car garage, providing approximately eight parking spaces in addition to a nice back fenced back yard. Current rents are below market with long-term, stable tenants. All Tenants are TAW. This prime location offers easy access to I-90 and I-95 and is just minutes to Moody Street, as well as approximately one-half mile or a 10-minute walk to the commuter rail.An unfinished attic and basement offer potential expansion opportunities. Whether condo conversion, rental upside, or owner-occupant, this property offers a multitude of value-add options and represents a true generational investment opportunity.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: House of Worship, Park, Public Transportation, Shopping, T-Station
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub, Internet Available - Broadband, Internet Available - Fiber-Optic
  • Common Appliances: Dishwasher, Dryer Hookup, Range, Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 67500
  • Net Operating Income: 67500

Utilities

  • Heat Zones: 4
  • Utility Connections: for Gas Oven, for Gas Range
  • 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

Unit 3 Description

  • Included in Rent: Water
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73506501
  • Last Updated: 04/23/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/23/2026New$1,295,000$358MLSPIN

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Seller's Representative: David Last, Last2 Development, LLC
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 2026-04-23 13:59:00

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