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Sold

111 Felton St.

111 Felton St., Waltham, MA 02453

$1,392,000
Opportunity knocks in the Riverfront Redevelopment District! Bring your business! A residential 3 family home and 2 outbuildings are situated on this mixed-use parcel. Leases in place for units 1 ($1600/mo) and 2 ($2000/mo) through 8/31/2021 and 6/30/2021, respectively. Unit 3 is vacant and would make a great owner's unit with 4 beds, 1 bath, and in-unit laundry, or provide an additional +-$28,800/yr in rental income. Electrical and gas service in the 3-family are separately metered, and the heating systems are newer. The first outbuilding is an open 2 bay garage with a 20x16 workshop above, connected to the 3-family structure through a large basement. A second outbuilding features a 38x20 garage/workshop area with a 1/2 bathroom on the first level, and an accessory space with 3 rooms and a full bathroom, opening to a deck on the second level. This rare find is perfect for those looking for a mixed-use property in a booming area, ripe for redevelopment!

10,890 Sq.Ft. LIVING AREA

10,890 Sq.Ft. lot

Kiernan Middleman

Kiernan Middleman

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area10,890 Sq.Ft.
  • Lot Area10,890 Sq.Ft.
  • MLS® ID72807524
  • TypeCommercial
  • YEAR BUILT1900

Exterior

  • utilitiesPublic Water, Public Sewer

Financial

  • Sales Price$1,392,000
  • Real Estate Tax $11,122/yr
  • Zoning Comm

Work With Kiernan

Kiernan's kind but direct approach to her clients, market savvy, calming demeanor, and tenacious work ethic have set her apart, making her a favorite agent. We look forward to seeing what the future holds for her bright career.

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