Renovated Two-Family
For Sale
$1,039,000
10-12 Auburn St, Waltham, MA 02453
Two updated residences offer hardwood floors, private outdoor areas, a detached garage, and flexible owner-occupant or rental use.
Property Size2,288 SF
Price / SF$454.11
Days on Market59
Property Features for 10-12 Auburn St
General Information
Standard status
Active
Size
2,288 SF
Property subtype
Multi-Family
Building Details
Year Built
1920
Listing Agency:
Keller Williams Realty
Listed By:
Jonathan Slater
(617) 216-4000
Source:
Livianhomesct
Added: Aug 8
Changed: Sep 14
Last Checked: Oct 4 at 12:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This renovated duplex contains two separate 2-bedroom, 1-bath residences totaling approximately 2,288 square feet, with about 1,144 square feet per unit. Both apartments feature hardwood flooring, generously sized rooms, and established interior finishes. The property also includes a detached two-car garage, a second-floor covered deck, landscaped front, side, and rear areas, and an unfinished basement for storage.
Located at 10-12 Auburn St in Waltham, the property is near Main Street and Walgreens, with shopping, restaurants, and daily conveniences nearby. I-95 is readily accessible. The two-family configuration supports multiple occupancy strategies, including living in one apartment while leasing the other or renting both units.
Located at 10-12 Auburn St in Waltham, the property is near Main Street and Walgreens, with shopping, restaurants, and daily conveniences nearby. I-95 is readily accessible. The two-family configuration supports multiple occupancy strategies, including living in one apartment while leasing the other or renting both units.
Key Highlights
- Two 2‑bedroom, 1‑bath residences totaling approximately 2,288 square feet
- Approximately 1,144 square feet per unit
- Detached two‑car garage plus unfinished basement storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,415
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,300
$968.3K
Cap Rate 7%
$691,643
$691.6K
Cap Rate 9%
$537,944
$537.9K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$72.8K $31.80/SF
− Vacancy
−$3.6K −$1.57/SF
EGI
$69.2K $30.23/SF
− OpEx
−$20.7K −$9.07/SF
NOI
$48.4K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,300
Cap Rate 7%
$691,643
Cap Rate 9%
$537,944
Alternative Uses
Best Use
Multifamily LT 5
$691.6K
$605.2K – $806.9K
NOI $48,415 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$650.3K
$569.0K – $758.7K
NOI $45,523 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,814 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,694
Businesses Nearby
Explore this area
Business Placement
Demographics for 02453, MA
31,854
Population
13,163
Households
2.4
Avg Household Size
34
Median Age
59%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
8,848
Density / Sq Mi
$114,029
Median Household Income
$58,036
Median Earnings
$2,063
Median Rent
$666,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer hardwood floors, private outdoor areas, a detached garage, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 10-12 Auburn St Waltham, MA.
What is the asking price?
The asking price for this property is $1,039,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residences totaling approximately 2,288 square feet; Approximately 1,144 square feet per unit; Detached two‑car garage plus unfinished basement storage
