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EXPERIENCE. EXCELLENCE.
John Maxfield
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617 293-8003
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EXPERIENCE. EXCELLENCE.
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EXPERIENCE. EXCELLENCE.
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
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11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451

$2,750,000

11 HAMMOND STREET, Waltham, MA, 02451

42
11 HAMMOND STREET, Waltham, MA, 02451
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11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
Courtesy of: Charles Petitti | Coldwell Banker Realty - Newton
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451
11 HAMMOND STREET, Waltham, MA, 02451

Information

Purchase Type: Sale
MLS ID: 72808952
Price: $2,750,000
Days On Market: 6
Year Build: 1838
Square Footage: 15,926 Sq ft
Lot size: 0.28
Total Baths: 10
Full Baths: 10
Bedrooms: 19

Details

Status: Pending
Property Type: Multi-family
New Construction: No
Exterior: Vinyl
Swimming Pool: No
Address: 11 HAMMOND STREET
Country: US
County: Middlesex
City: Waltham
Zip: 02451
State: Massachusetts

Taxes

Property Taxes: $17,978
Assessment: $1,588,200
Tax Year: 2021

Description

HISTORIC ROADSIDE INN " THE PROSPECT HOUSE" RELOCATED TO HAMOND STREET IN 1909 AND CONVERTED AS AN APARTMENT HOUSE, THIS BUILDING HAS NINE APARTMENTS (8 TWO BEDROOMS & 1 THREE BEDROOM), ALL SEPERATE HEAT & ELECTRIC SYSTEMS, TENANTS PAY THEIR OWN UTILITIES, A GREAT CONDO CONVERSION POTENTIAL WITH POTENTIAL SELL OUT OF $8,233,700.00 (15,926SF @ $517.00 PSF AVERAGE) WITH BONUS ATTIC AND BASEMENT SPACE PUBLIC RECORDS SHOW TOTAL AREA OF 15,926 SF,OR JUST KEEP IT AS A GREAT CASH COW CURRENTLY GENERATING AN OVER 6% CAP RATE OF $168K ANNUAL INCOME !!!!!!! BUILDING IS FULLY LEASED OUT WITH ALL LEASES TO EXPIRE IN AUGUST 2021******* SEE ATTACHED DOCUMENT "WALTHAM CONDOMINIUM COMPRABLE SALES" PROFORMA FOR VERIFICATION OF CONDOMINIUM "POTENTIAL SELL OUT " PRICES...ALSO SEE ATTACHED "RENTAL INCOME & EXPENSE DOCUMENT FOR LEASES INFORMATION, MONTHY RENTAL INCOME & EXPENSES.

Map

Map

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