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11 Hammond Street, Waltham, MA 02451
$2,900,000
11 Hammond Street, Waltham, MA 02451View this property at 11 Hammond Street, Waltham, MA 02451
11 Hammond StreetWalthamMA02451
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Property 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.
Full Property Details
Full Property Details for 11 Hammond St
General
- Sold For: $2,900,000
- Taxes: $17,978 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 72808952
- Added to Site: 1, 117 day(s) ago
Interior
- Number of Rooms: 36
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 19
Exterior
- Exterior Features: Porch
- Color: WHITE
Parking
- Parking: Off-Street Parking
Location
- County: Middlesex
Structural Information
- Architectural Style: 5-9 Family
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt/Fiberglass Shingles
- Square Feet: 15,926
- Year Built: 1838
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 3
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,001
- Frontage: Public, Paved
- Zoning: RES
- Lot Description: Paved Drive
Financial Considerations
- Tax Amount: $17,978
- Tax Year: 2021
Disclosures and Reports
- Legal Disclosures: Living Area: TOTAL AREA 15, 926 SF TOTAL / INCLUDES UNFINISHED BASEMENT AND ATTIC AREAS
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Schools
Schools serving 11 Hammond St
School District:Waltham Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
20 Farnsworth St, Waltham, MA 02451 | K-5 | 0.4 mi | |
655 Lexington St, Waltham, MA 02452 | 6-8 | 1.6 mi | |
617 Lexington St, Waltham, MA 02452 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 Hammond St
Date
Details
Price
Change
Source
7/15/2021
Sold
$2,900,000
5.45%
MLS
4/05/2021
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11 Hammond Street, Waltham, MA 02451 (MLS# 72808952) is a Multi-Family property that was sold at $2,900,000 on July 15, 2021. This property was listed by Chuck Petitti from our Newton Office.Want to learn more about 11 Hammond Street? Do you have questions about finding other Multi-Family real estate for sale in Waltham? You can browse all Waltham real estate or contact a Coldwell Banker agent to request more information.