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$ 849,000
Est. payment /mo
New
11 Derby Street Waltham, MA 02453
2 Beds
2 Baths
1,901 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,901 sqft
Price per Sqft $446
MLS Listing ID 73459250
Bedrooms 2
Full Baths 2
Year Built 1900
Annual Tax Amount $8,033
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Multi Family
Property Description
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.
Location
State MA
County Middlesex
Zoning RB
Direction Moody St. to Derby St.
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Coldwell Banker Realty - Waltham
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