$2,500,000
$2,600,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
4,967 SqFt
SOLD DATE : 03/04/2024
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,967 sqft
Price per Sqft $503
MLS Listing ID 73176151
Sold Date 03/04/24
Bedrooms 12
Full Baths 6
Year Built 1960
Annual Tax Amount $13,455
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Listed at a 6.24% Cap Rate on current income, 46 Bolton Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location. The Property is ideal for a potential buyer looking for income growth and strong investment returns. The 6-unit asset has undergone recent capital upgrades including renovated kitchens with quartz countertops, new cabinets and stainless steel appliances, new LVP flooring throughout the living rooms and bedrooms, new bathrooms with upgraded tile flooring, new vanities and toilets, and subway tile in the tub/shower enclosures. Additionally, the Property features renovated common areas with new carpeting, an on-site laundry facility and ample off-street parking in the rear of the building. 46 Bolton Street is centrally located on an attractive residential side street just a few blocks from downtown Waltham and Moody Street and its many vibrant shops, restaurants, and bars.
Location
State MA
County Middlesex
Zoning R
Direction Please use GPS
Interior
Appliance Washer, Dryer
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Dennis Kelleher • Horvath & Tremblay
At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.
193 Green Street, Melrose, Massachusetts, 02176, United States