MLS Number 72808952
- Bedrooms 19
- Bathroom 10
- Square Feet 15,926
- Parking Spaces 14
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.
Listed by Charles Petitti of Coldwell Banker Realty - Newton
Listing Sold by Martocchia REALTORS®