Home Homes for Sale 280-282 River Street, Waltham MA 02453
Price cut: $51K

$1,299,000
$398/sqft · Waltham, MA
5Beds
4Baths
3,264Sqft
0.15 acresLot Size
280-282 River Street, Waltham MA 02453
Active Listed 61 days ago
3 Family Built in 1920 0.15 Acre Lot 2-car Garage

What's Special

3 FamilyBuilt in 19202-car GaragePrice Reduced

Exceptional, Turnkey, three-family opportunity in desirable South Waltham! Offering versatility for both owner-occupants and investors, this multi-family property features a larger 1,600+- square foot unit at 282 River Street, renovated in 2025, along with two additional 800+- square foot units at 280 River Street, remodeled in 2020 and 2022. The rental income from the two additional units can help offset ownership costs, while renting all three units offers the potential to maximize cash flow. Additional features include separate gas and electric utilities, two sets of washer and dryer hookups, hardwood flooring, ample off-street parking and a two-car garage with additional parking or storage. Conveniently located near the Charles River, The Charles River Walkway, major routes, schools, Bentley and Brandeis Universities, public transportation and numerous restaurant and shopping venues. An excellent opportunity for owner-occupancy with supplemental rental income or for investors seeking a 1031 exchange property. Potential for conversion to four units, subject to buyer due diligence and all applicable approvals.

Location

Property Details

Core Details

Property Type3 Family
Year Built1920
Parcel Number837432
ZoningRes
Stories4
MLS #73575796

Space & Sizing

Living Area3,264 sqft
Above Grade3,264 sqft
Total Rooms12
Bedrooms5
Bathrooms4
Lot Size0.15 acres

Features & Systems

Parking2-car Garage
Garage2 spaces
Open Parking5
Heating3 Zones
ConstructionFrame
FoundationStone
RoofShingle
ElectricCircuit Breakers
HeatingNatural Gas
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Dishwasher Range Refrigerator
Community Features
Bike Path Conservation Area Highway Access House of Worship Laundromat Medical Facility Park Pool Private School Public School Public Transportation Shopping Sidewalks T-Station Tennis Court(s) University Walk/Jog Trails
Exterior Features
Rain Gutters
Flooring
Hardwood Laminate Tile
Interior Features
Family Room Kitchen Living RM/Dining RM Combo Living Room
Levels
4
Listing Terms
Contract
Lot Features
Level
Lead Paint
Unknown
Parking Features
Off Street Paved Drive Shared Driveway
Patio And Porch Features
Deck - Roof
Road Surface Type
Paved
Window Features
Insulated Windows

Additional Information

Exclusions: All Personal Property

Disclosures: The property is accessed via a shared driveway leading to the rear parking area. Parking spaces located behind 280-282 River Street are designated exclusively for tenants of the property.

Directions: Newton to River Street

Financial Details

Annual Taxes$11,123 (2026)
Assessed Value$1,077,800
Gross Income$74,400
Net Operating Income$74,400
Tax Map / Block / LotR061 / 0026 / 0010
Tax Book Number79230
Listed on Sep 11, 2026 Updated Nov 11, 2026 7:26 PM Middlesex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73575796

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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