280-282 River Street, Waltham, MA 02453
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$1,349,900
3 Unit
5 Beds
4 Baths
3264 SQFT
0.15 Acre

Property Description

Well-maintained three-family property offering three distinct residential units in a convenient and desirable Waltham location. The property offers approximately 3,264 SF of living area on a 6,599+/- SF lot, with separate gas and electric utilities for each unit. All units are currently occupied on a tenant-at-will basis. 280 River Street features two 800+- square foot one-bedroom apartments, each offering a full bath, eat-in kitchen, and living room. The first-floor unit was remodeled in 2020 and the second-floor unit was remodeled in 2022. The 1,600+- square foot unit at 282 River Street was renovated in 2025 and offers a full bath, eat-in kitchen, living room, bonus/family room on the first floor, with three bedrooms and a full bath on the upper level. The property includes parking for five vehicles, along with an existing two-car garage providing additional parking or storage space. With three living units and separate gas and electric utilities this property offers flexibility for continued rental use and future possibilities. Whether you’re looking to expand your investment portfolio or explore the property’s potential over time, this is an opportunity worth seeing firsthand and not one to be missed!!! Conveniently located to major routes, schools, commuter rail, public transportation and numerous restaurant and shopping venues.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 4
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Family Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 74400
  • Net Operating Income: 74400

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • 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: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73575796
  • Last Updated: 09/15/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/15/2026Active$1,349,900$414MLSPIN
09/11/2026New$1,349,900$414MLSPIN

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Seller's Representative: Lisa Dallaire, Berkshire Hathaway HomeServices Commonwealth Real Estate
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 2026-09-15 03:05:00

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