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Multifamily

10-14 Williams Street

10 Williams St, Waltham, MA 02453

Listing Price: $1,050,000

Cap Rate
4.99%
Number of Units
3
Price/Unit
$350,000
Price/Gross SF
$416.67
Gross SF
2,520

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3 unit multifamily building located in Waltham, MA. The property is comprised of (3) 3 bedroom, 1 bathroom units on a 9,485 square foot lot. The property provides investors with a value-add opportunity by increasing current rents to market levels. The property is located only 1/3 of a mile from Waltham Commuter Rail Station and 1.3 miles from I-95. The property is also within walking distance to the dozens of shops and restaurants on Moody Street. The city of Waltham is densely populated suburb approximately 10 miles west of Boston. The city has seen an influx of multi-family and mixed-use development Such as The Merc at Moody & Main, Waltham Landing, and The Edison Apartments. These new developments have set the tone for extremely strong rent growth across all apartment classes. Demand for apartments is driven by two highly regarded universities in Brandeis University and Bentley University as well as the booming office/tech park developments along Route 128.

Investment Highlights

  • 3 unit multifamily located in Waltham, MA.
  • 9,485 square foot lot size.
  • Close to Waltham MBTA Commuter Rail Station.

Exclusively Listed By

Multifamily

10-14 Williams Street

Listing Price: $1,050,000

Cap Rate
4.99%
Number of Units
3
Price/Unit
$350,000
Price/Gross SF
$416.67
Gross SF
2,520

Investment Highlights

  • 3 unit multifamily located in Waltham, MA.
  • 9,485 square foot lot size.
  • Close to Waltham MBTA Commuter Rail Station.

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3 unit multifamily building located in Waltham, MA. The property is comprised of (3) 3 bedroom, 1 bathroom units on a 9,485 square foot lot. The property provides investors with a value-add opportunity by increasing current rents to market levels. The property is located only 1/3 of a mile from Waltham Commuter Rail Station and 1.3 miles from I-95. The property is also within walking distance to the dozens of shops and restaurants on Moody Street. The city of Waltham is densely populated suburb approximately 10 miles west of Boston. The city has seen an influx of multi-family and mixed-use development Such as The Merc at Moody & Main, Waltham Landing, and The Edison Apartments. These new developments have set the tone for extremely strong rent growth across all apartment classes. Demand for apartments is driven by two highly regarded universities in Brandeis University and Bentley University as well as the booming office/tech park developments along Route 128.

Exclusively Listed By

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