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    266-274 River St Waltham, MA 02453

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    For Sale
    $3,400,000

    Ten-unit multifamily property near Charles River and Moody Street.

    Lot size:
    0.22 Acres

    Property Features for 266-274 River St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1900

    Source: Boston Realty Advisors Agent Christopher Hatem

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waltham Multifamily Investment Opportunity

    This property presents an investment opportunity with ten apartment units. The unit mix includes five 2-bedroom, 1-bathroom apartments and five 1-bedroom, 1-bathroom apartments, situated side by side. A 15-space parking area is located behind the building. The property's location near the Charles River offers proximity to Moody Street's restaurants and shopping, as well as the MBTA Commuter Rail, providing connectivity to downtown Boston and surrounding areas. The ten units offer immediate scale and potential for efficient management and income generation. The current layout and condition provide a foundation for long-term investment growth.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2262972
    Latitude
    42.372249

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    FAQs

    What type of property is this?
    Apartment building - Ten-unit multifamily property near Charles River and Moody Street.
    Where is this apartment building located?
    The property is located at 266-274 River St Waltham, MA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - Ten apartment units offering immediate scale and income generation.; - Ideally located near the Charles River and Moody Street's restaurants and shopping.; - Close proximity to the MBTA Commuter Rail providing excellent connectivity to downtown Boston.
    (781) 690-4037
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    266-274 River St Waltham, MA 02453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    266-274 River St Waltham, MA 02453
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