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INVESTMENT SNAPSHOT
About this property
A rare turnkey 2-family with lots of options! Move into one unit and have the tenant subsidize some of your mortgage, rent out both, or tear down and rebuild. Potential to build 2 side-by-side townhomes on the existing lot (buyer to do all due diligence). The larger units feature hardwood floors, a renovated eat-in kitchen, an updated bathroom, and split air conditioning/heating units. The smaller unit features hardwood floors, a smaller eat-in kitchen, a cozy bathroom, and a separate entrance. Separate driveways allow for autonomy for each unit. Flat lot with frontage on both streets. Easy access to rt 128/95, bus 61, proximity to Lazazzero Playground and Hardy Pond, MacArthur Elementary School, and the newly built state-of-the-art Waltham High School.
Property details
| Units | 2 |
| Living area | 1,795 sqft |
| Lot size | 4,522 sqft |
| Year built | 1930 |
| Price / sqft | $445 |
| County | Middlesex |
| MLS # | 73571620 |
Listing status
| Days on market | 0 days |
| Listed on | September 8, 2026 |
Taxes & financials
| Annual property tax | $8,110 |
| Tax year | 2026 |
| Assessed value | $785,900 |
| Zoning | 1 |
| Gross income (actual) | $22,200/yr |
| Net operating income (actual) | $22,200/yr |
| Total actual rent | $1,950/mo |
Building & lot
| Stories | 2 |
| Total rooms | 8 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive |
| Basement | Partial |
| Foundation | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Waltham →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 171 Lake St, Waltham MA 02451 have?
It is a 2-unit multi-family property with 1,795 sqft of living area, built in 1930.
How long has 171 Lake St, Waltham MA 02451 been on the market?
171 Lake St, Waltham MA 02451 has been listed for 0 days (since September 8, 2026).
What is the price per unit?
At a list price of $798,888 across 2 units, that works out to roughly $399,444 per unit.
What are the property taxes on 171 Lake St, Waltham MA 02451?
Annual property taxes are $8,110 (2026), on an assessed value of $785,900.
What is the price per square foot?
At $798,888 for 1,795 sqft, that's about $445 per square foot.
Is there parking?
4 total parking spaces (paved drive).
Where is this property located?
171 Lake St, Waltham MA 02451 is in Waltham, Middlesex County, MA 02451.
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