202-204 Charles Street
$1,950,000
10
Beds
4
Baths
5,632
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$1,950,000
10
Beds
4
Baths
5,632
Living Area
-
Property Description
Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!
-
Highlights
- Cooling: Central Air, None
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1905
- Heating: Natural Gas
- Parking Spots: 13
- Property Type: 4 Family
- Total Rooms: 22
- Status: Active
-
Additional Details
- Appliances: Range, Disposal, Refrigerator, Freezer, Washer, Dryer, Dishwasher
- Construction: Frame
- Exterior Features: Balcony/Deck, Rain Gutters
- Foundation: Brick/Mortar
- Lot Features: Level
- Roof: Tar/Gravel
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Bulkhead
- Exclusions: Tenant Belongings Excluded; Ownership Of Washers/Dryers, Microwaves & Basement Items Tbd.
- Flooring: Tile, Carpet, Varies
- Interior Features: Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
-
Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 5
-
Utilities
- Electric: 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,345,100
- Tax Year: 2026
- Total Rent: $11,050
- Rental Fee Includes: Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $13,881
Similar Listings
Sold
15 Photos
Sold
42 Photos
Sold
37 Photos
Sold
14 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Advantage Property Team LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.