CCertihomes
176-178 Newton St, Waltham, MA 02453

$2,000,000

10 beds 6 baths 4,598 sqft Built 190015 days on marketActive

About this home

Presenting 176-178 Newton Street, this turnkey, stabilized property consists of 5 residential apartments including (2) 1 bedroom/1 bathroom units, (1) 2 bedroom / 1 bathroom unit, (1) 3 bedroom / 1 bathroom unit, and (1) 3 bedroom / 1.5 bathroom unit w/ private basement. Three units have been substantially updated in recent years including updated kitchens, bathrooms, flooring, and electronic keypad access. Additional building improvements include full repointing of fieldstone foundation, upgraded gas service by National Grid with installation of (5) new unit gas meters, installation of (4) Viessmann and Lochinvar combination boilers, new coin-op laundry services, (2) upgraded electric panels, and upgraded common areas. There is plenty of on-site parking including 8 off-street parking spaces for residents. An ideal investment or 1031 exchange opportunity in a rapidly growing Boston suburb.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$12,754/mo

Real estate (PITI + HOA + PMI)
$12,941
Principal + interest$9,071
Property tax + insurance$3,120
PMI / 2nd mortgage$750
Utilities
$686
Heating + cooling$181
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$12,754/mo TLC
Budget$13,254/mo
Remaining after TLC$500/mo
Purchase price
$2,000,000
Down payment
$100,000 (5%)
Loan amount
$1,900,000
APR
4%

Quick facts

Type
5+ Family - 5+ Units Up/Down
Style
Year built
1900
Lot size
0.16 ac
Stories
8
Heating
Cooling
Water
Public
HOA
Annual tax
$13,755
MLS #
73225884
County
Middlesex

At a glance

Basement

Home features

Community
Public TransportationShoppingMedical FacilityHighway AccessHouse of WorshipUniversity
Parking
Paved DriveOff StreetAssignedDrivewayPaved
Flooring
Hardwood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Neighborhood — 02453

MetricThis ZIPCountyUSA
Population31,7906,444,931299,088,112
Population Change Since19908.00%7.00%20.00%
Population Density8,405786
Male15,8503,127,134147,432,321
Female15,9403,317,797151,655,844
Never Married11,6151,612,88563,775,926
Married10,1642,586,314123,120,365
Separated1,922247,85712,639,686
Widowed1,706363,59415,467,586
Divorced2,109436,88823,075,029
Number Of House Hold12,5942,431,591111,826,380
Average House Hold Size2.292.562.60
Medial Age33.7337.2535.46
Median House Hold Income$57,562$57,698$48,276
Average House Hold Income$65,364$75,023$63,629
P C I$27,124$29,196$24,529
M D I$47,893$48,105$41,133
A T H E$52,392$57,083$50,898
S T R5.00%5.00%
W C J79.81%81.38%77.74%
(Zip) Code
2453

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/18/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.