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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.

Property Details of 11 Hammond Street

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Listed by Charles Petitti of Coldwell Banker Realty - Newton

Listing Sold by Martocchia REALTORS®

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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