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Prime investment/development opportunity in Waltham’s desirable South Side! This two-family sits on a 5490sf RB-zoned lot. 1647 sq ft allowable footprint per Waltham’s Small Lot/Old Lot Opinion guidelines (lot created prior to 1942). Buyers may rebuild two units and add an ADU, with the ADU required to be conveyed with one of the primary units. Old Lot Opinion would allow a new 1647sf footprint (not required to match existing) and requires 16 ft combined side setback. Existing structure offers holding income with two 1-bed units each TAW rented at $1,900/mo. Incredible opportunity for builders, developers, or investors looking for value-add potential in a prime location. Buyer to perform all due diligence.
General Information for 11 Derby Street Waltham, MA 02453 |
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| Town | Waltham |
| County | Middlesex |
| Stories | 3 |
| SQFT | 1,901 |
| Status | Available |
| Listing Number | 73459250 (MLSPIN) |
Rooms Information for 11 Derby Street Waltham, MA 02453 |
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Interior Information for 11 Derby Street Waltham, MA 02453 |
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Exterior Information for 11 Derby Street Waltham, MA 02453 |
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| Lot Size | 0.13 acres |
| Construction | Frame |
| Parking | Spaces: 6 Paved Drive Off Street Paved |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 11 Derby Street Waltham, MA 02453 |
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| Neighborhood Amenities | Public Transportation Shopping Park Medical Facility Laundromat Highway Access House of Worship Public School University |
Miscellaneous Information for 11 Derby Street Waltham, MA 02453 |
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| Year Built | 1900 |
| Association Fee | 0 |
| Taxes | $8,033 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 5,593 |
| Avg Price | $941,101 |
| Avg Days Listed | 118 |
| Total New Listings | 6 |
| House | Data |
|---|---|
| Units | 9,434 |
| Avg Price | $1,198,860 |
| Avg Days Listed | 104 |
| Total New Listings | 1 |
| Multi-Family | Data |
|---|---|
| Units | 1,919 |
| Avg Price | $1,357,414 |
| Avg Days Listed | 123 |
| Total New Listings | 1 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 18 minutes ago |
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
(AN6239/CT006934)
