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232-234 River St

Waltham, MA 02453
$1,635,000
8 Beds
4 Baths
3,640 Living Area
  • Property Description
    Discover an incredible investment opportunity in a prime location along the scenic Charles River. This beautifully maintained (many updates) 4-unit multi-family property has been in the same family for 80 yrs. Each unit features bright rooms illuminated by natural light streaming through brand-new windows, creating warm and inviting spaces for your tenants. It is located close to the bustling Moody Street area, known for its dining, shopping and lively atmosphere. The backyard is perfect for small summer BBQs or sitting in an Adirondack chair overlooking the river. Commuters will appreciate the easy access to Boston and major highways, making work, entertainment, and errands easy. Plenty of storage for each unit is located in the recently repointed and painted basement. This property presents a rare chance to own a well-cared for multi-family in a sought-after location. Current rents are significantly below market value. Perfect for both owner-occupants and savvy investors.
  • Highlights
    • Heating: Hot Water, Oil, Natural Gas
    • Parking Spots: 5
    • Property Type: 4 Family
    • Total Rooms: 18
    • Status: Closed
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1880
  • Additional Details
    • Appliances: Range, Disposal, Refrigerator, Washer, Dryer, Microwave
    • Construction: Frame
    • Foundation: Stone
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual, Renovated Since
    • Zoning: Res B
    • Basement: Full, Bulkhead, Concrete, Unfinished
    • Flooring: Vinyl, Carpet, Wood
    • Interior Features: Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Laundry Room, Dining Room
    • Roof: Shingle, Rubber
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
    • Waerfront: Yes
    • Parking Features: Paved Drive, Paved
    • Waterfront Features: Waterfront, River
  • Utilities
    • Electric: Circuit Breakers, 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,089,300
    • Tax Year: 2025
    • Total Rent: $4,550
    • Rental Fee Includes: Unit 1(Heat, Other (See Remarks)), Unit 2(Heat, Other (See Remarks)), Unit 3(Heat)
    • Taxes: $10,697

Location

232-234 River St, Waltham, MA 02453

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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 Payson Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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