728 Moody St
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728 Moody St
10 Unit Apartment Building $2,699,000 ($269,900/Unit) Waltham, MA 02453
Executive Summary
Excellent opportunity to acquire a fully occupied 10-unit mixed use building on Moody Street in Waltham. Including 8 residential units - (5) 2/1 and (3) 1/1 - and two retail units (+/- 1300 SF each), the property offers immediate rental upside via market rent increases and restructuring of the retail leases to a modified gross arrangement upon expiration. The building is perfect for investors seeking a stable long term hold and/or buyers in need of a 1031 exchange opportunity. Seller is motivated and looking for offers. Reach out for additional details. NDA required for financials.
Property Facts
| Price | $2,699,000 | Building Class | C |
| Price Per Unit | $269,900 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 8,052 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 0.25/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,699,000 |
| Price Per Unit | $269,900 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,052 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 0.25/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
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Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | WALT-000077-000011-000024 | Improvements Assessment | $2,322,400 |
| Land Assessment | $172,200 | Total Assessment | $2,494,600 |
PROPERTY TAXES
Parcel Number
WALT-000077-000011-000024
Land Assessment
$172,200
Improvements Assessment
$2,322,400
Total Assessment
$2,494,600
zoning
| Zoning Code | BusA, Waltham |
| BusA, Waltham |
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Roberto Magno -
CastleArch Property Advisors
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728 Moody St
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