Rare opportunity to acquire a substantial legal four-family property in Waltham offering 5,632 SF of residential living area on an impressive 13,670 SF lot! This income-producing property features four spacious apartments with a seller-reported mix of two 2-bedroom and two 3-bedroom residences, each with one full bathroom. Current rental income totals $11,050 per month ($132,600 annually), with additional opportunity to increase rents over time. Tenants pay their own unit utilities, three of the four apartments feature central air conditioning, and all units offer in-unit laundry hookups. The apartments have received updates over the years. A standout feature is the expansive paved parking area and substantial detached garage/storage building offering three single bays and one larger double-width bay. Currently utilized for dry storage, the garage provides valuable accessory space and is being conveyed as-is. Conveniently located near Downtown Waltham, Moody Street, commuter rail, shopping, restaurants, and major commuting routes. An exceptional opportunity for investors seeking established rental income, future rental upside, generous parking, and a property with features rarely found together in a Waltham four-family!
For sale
Price cut: $155K (10/24)
$1,795,000
202-204 Charles St, Waltham, MA 02453
10beds
5,632sqft
4 Family
Built in 1905
-- sqft lot
$-- Zestimate®
$319/sqft
$-- HOA
What's special
Expansive paved parking areaFour spacious apartments
- 20 days
- 358
- 19
Zillow last checked:
Listing updated:
Listed by:
Nicholas Neu 617-684-5019,
Advantage Property Team LLC 781-209-0888,
Nicholas Neu 617-684-5019
Source: MLS PIN,MLS#: 73591277
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Central Air, None
Appliances
- Included: Range, Disposal, Refrigerator, Freezer, Washer, Dryer, Dishwasher
- Laundry: Washer Hookup, Dryer Hookup
Features
- Living Room, Dining Room, Kitchen
- Flooring: Tile, Carpet, Varies
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Bulkhead
- Has fireplace: No
Interior area
- Total structure area: 5,632
- Total interior livable area: 5,632 sqft
- Finished area above ground: 5,632
Property
Parking
- Total spaces: 13
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 5
- Uncovered spaces: 8
Features
- Patio & porch: Porch, Deck - Wood, Covered
- Exterior features: Balcony/Deck, Rain Gutters
Lot
- Size: 0.31 Acres
- Features: Level
Details
- Parcel number: R059 030 0003,836567
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Brick/Mortar
- Roof: Tar/Gravel
Condition
- Year built: 1905
Utilities & green energy
- Electric: 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Waltham
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $1,345,100
- Annual tax amount: $13,881
- Date on market: 10/15/2026
- Listing terms: Contract
- Exclusions: Tenant Belongings Excluded; Ownership Of Washers/Dryers, Microwaves & Basement Items Tbd.
- Total actual rent: 11050
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2026 | Price change | $1,795,000-7.9%$319/sqft |
Source: MLS PIN #73591277 Report a problem | ||
| 10/15/2026 | Listed for sale | $1,950,000$346/sqft |
Source: MLS PIN #73591277 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02453
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