728-732 Moody St Waltham, MA 02453

This exceptional investment opportunity presents a fully occupied, 10-unit mixed-use building situated at 728-732 Moody Street in Waltham, Massachusetts. The property encompasses 10,736 square feet on a 3,846 square foot lot and features eight residential units – five two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units – along with two retail spaces, each approximately 1300 square feet. Built in 1890, this three-story building boasts a current NOI of $183,000 and a pro-forma NOI of $217,000, translating to a current cap rate of 6.80% and a pro-forma cap rate of 8.10%. The asking price is $2,699,000, representing a price per square foot of $251.40. Significant value-add potential exists through market rent increases on the residential units and lease restructuring for the retail spaces to a modified gross arrangement upon lease expiration. The property's prime location, just one mile from the commuter rail, makes it highly attractive to investors seeking a stable, long-term hold or a 1031 exchange opportunity. The building is currently 100% occupied. Financial details are available upon request and execution of a non-disclosure agreement.