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INVESTMENT SNAPSHOT
About this property
Excellent investment opportunity in the heart of Waltham!! First time for sale in over 35 years! This low maintenance brick building consists of 6 apartment units. Five 1- bedrooms / 1 bathroom apartments, and One studio apartment / 1 bathroom. Rental income $122k+/- yearly. Current rents are below market, could potentially be increased. Leases are Tenancy-At-Will The units are separately metered for electricity, electric heat, and electric hot water, which are paid directly by the tenants, with Landlord responsible for common area electric and domestic water and sewer. Coin-operated washer and dryer brings in extra income. The Property is ideal for a potential buyer looking for income growth and strong investment returns. Close proximity to Main Street, Waltham Common, the MBTA Commuter Rail, and Moody Street’s desirable restaurants and shopping. GROUP SHOWINGS ONLY, after Open House on Saturday 3/28 from 12:00 – 1:30pm.
Property details
| Units | 6 |
| Living area | 3,964 sqft |
| Lot size | 7,074 sqft |
| Year built | 1970 |
| Price / sqft | $504 |
| County | Middlesex |
| MLS # | 73491652 |
Listing status
| Days on market | 67 days |
| Listed on | March 25, 2026 |
Taxes & financials
| Annual property tax | $12,960 |
| Tax year | 2025 |
| Assessed value | $1,319,800 |
| Zoning | R |
| Gross income (actual) | $102,456/yr |
| Net operating income (actual) | $96,256/yr |
| Total actual rent | $10,188/mo |
| Electric expense | $4,000/yr |
Building & lot
| Stories | 5 |
| Total rooms | 16 |
| Lot size | 0.16 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street |
| Basement | Unfinished |
| Foundation | Other |
| Construction | Brick |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Waltham →
Listing courtesy of Coldwell Banker Realty - Waltham — Cheryle West. 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 74 Harvard St, Waltham MA 02453 have?
It is a 6-unit multi-family property with 3,964 sqft of living area, built in 1970.
How long has 74 Harvard St, Waltham MA 02453 been on the market?
74 Harvard St, Waltham MA 02453 has been listed for 67 days (since March 25, 2026).
What is the estimated cap rate on this 6-family in Waltham?
Based on area median rents, the estimated cap rate is about 6.3%, with a Signal Score of 95/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,999,000 across 6 units, that works out to roughly $333,167 per unit.
What are the property taxes on 74 Harvard St, Waltham MA 02453?
Annual property taxes are $12,960 (2025), on an assessed value of $1,319,800.
What is the price per square foot?
At $1,999,000 for 3,964 sqft, that's about $504 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street).
Where is this property located?
74 Harvard St, Waltham MA 02453 is in Waltham, Middlesex County, MA 02453.
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