2 Wellington Avenue

Waltham, MA 02451

$865,000
Last Sold Price
5
Beds
2,385 Sq. Ft.
$363 / Sq. Ft.
2,385
Sq. Ft.
$363
per Sq. Ft.

Description

Discover this charming two-family home in Waltham, brimming with rental potential. While the property could benefit from some updates, it offers a fantastic opportunity for investors seeking a good cap rate. The home features spacious four-bedroom and one-bedroom units, perfect for generating steady rental income. Enjoy the convenience of nearby public transportation, shopping, highways, universities, and more. With parking for up to 2 cars, this property offers comfort and practicality. Located...Discover this charming two-family home in Waltham, brimming with rental potential. While the property could benefit from some updates, it offers a fantastic opportunity for investors seeking a good cap rate. The home features spacious four-bedroom and one-bedroom units, perfect for generating steady rental income. Enjoy the convenience of nearby public transportation, shopping, highways, universities, and more. With parking for up to 2 cars, this property offers comfort and practicality. Located near the Fitchburg Commuter Rail line, commuting to Boston and other nearby towns is a breeze.
  1. Listed by Lizbeth Valerio • Keller Williams Realty Evolution

Property Details for 2 Wellington Avenue

Town
Waltham
Area
MA-Waltham
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 01/19/2025 12:22 PM

Property Details for 2 Wellington Avenue

StatusSold
MLS #73298878
Days on Market81
Taxes$7,261 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1895
CountyMiddlesex County

Building Information for 2 Wellington Avenue

Stories3Residences2Year Built1895Building Size-Lot Size0.07 AC / 3,001 SF

Property Information for 2 Wellington Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
  • Current Financing: FHA
  • Living Area: 2385.0
  • Color: Maroon
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Walk Out, Bulkhead, Concrete Floor
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Bathroom With Tub, Living Room, Kitchen
  • Interior Features: Window AC
  • Laundry Features: Washer & Dryer Hookup, Washer Hookup
  • Other Equipment: Satellite Dish
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Satellite Dish, Porch
  • Lot Description: Corner Lot, Gentle Sloping
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Parking Features: Off-Street, Tandem, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Green Energy Generation: Solar
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Rents are estimates at current condition. The property will be delivered vacant-Second-floor refrigerator will not be included. Please see firm remarks.
Tax Information
  • Tax ID: M:059 B:014 L:0007,836271
  • Assessments: $753,200
  • Book: 47747
  • Tax Year: 2024
  • Zoning: 1
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 737.0
  • Heat Units: 2
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $60,000.00
  • Insurance: $4,176.00
  • GRE: $8,176
  • MGF: $0
  • RME: $3,000
  • NOI: $51,824.00
  • Operating Expense: $8,176.00
  • WSE: $1,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $5,000.00

Property History for 2 Wellington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Wellington Avenue

Taxable ValueLand$316,800Additions$436,400Total$753,200
Tax Record2024$7,261 ($605 / month)
Home Facts
Baths2Total Finished SqFt1,958 SqFtAbove Grade Finished SqFt1,958 SqFtUnfinished Basement SqFt821 SqFtStories3Lot Size3,001 SqFtStyleDuplexYear Built1895Zoning1CountyMIDDLESEXAPNWALT M:059 B:014 L:0007

Schools near 2 Wellington Avenue

This home is within Waltham School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Thomas R Plympton Elementary School
PublicK to 5

John F Kennedy Middle School
Public6 to 8

Waltham Sr High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Evolution, Lizbeth Valerio

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.