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$1,392,000

111 Felton St.

10,890 Sq.Ft.

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Description

Opportunity knocks in the Riverfront Redevelopment District! Bring your business! A residential 3 family home and 2 outbuildings are situated on this mixed-use parcel. Leases in place for units 1 ($1600/mo) and 2 ($2000/mo) through 8/31/2021 and 6/30/2021, respectively. Unit 3 is vacant and would make a great owner's unit with 4 beds, 1 bath, and in-unit laundry, or provide an additional +-$28,800/yr in rental income. Electrical and gas service in the 3-family are separately metered, and the heating systems are newer. The first outbuilding is an open 2 bay garage with a 20x16 workshop above, connected to the 3-family structure through a large basement. A second outbuilding features a 38x20 garage/workshop area with a 1/2 bathroom on the first level, and an accessory space with 3 rooms and a full bathroom, opening to a deck on the second level. This rare find is perfect for those looking for a mixed-use property in a booming area, ripe for redevelopment!

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Location

111 Felton St., Waltham, MA 02453

Status

Sold

Property Amenities

Area & Lot
Lot Area 10,890 Sq.Ft.
Living area 10,890 Sq.Ft.
MLS® ID 72807524
Year Built 1900
Type Commercial
Status Sold
Exterior
Utilities Public Water, Public Sewer
Finance
Sales Price $1,392,000
Real Estate Tax $11,122 yearly

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Work With Carol

I know that purchasing a home is one of the biggest and most exciting decisions a person can make. I aim to make the process as simple as possible, with one goal in mind: helping you find the perfect home.

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Contact Details

Carol Korbman

(617) 733-1212

[email protected]



535 Boylston Street, 8th Floor

Boston, MA 02116