MA
Middlesex
Waltham
02453
11 Derby Street
11 Derby Street, Waltham, MA 02453
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Listing Type
Multi Family
Listing Status
Active
24
$849,000

Home Details for 11 Derby Street

Price
$849,000
Type
Residential Income
Bedrooms
2
Bathrooms
2.0
Square feet
1901
Year built
1900
Lot size acres
0.13
County
Middlesex
Total rooms
9
Garage
Days on site
11
MLS Listing#
73459250
Property Description

Prime investment/development opportunity in Waltham’s desirable South Side! This two-family sits on a 5490sf RB-zoned lot. 1647 sq ft allowable footprint per Waltham’s Small Lot/Old Lot Opinion guidelines (lot created prior to 1942). Buyers may rebuild two units and add an ADU, with the ADU required to be conveyed with one of the primary units. Old Lot Opinion would allow a new 1647sf footprint (not required to match existing) and requires 16 ft combined side setback. Existing structure offers holding income with two 1-bed units each TAW rented at $1,900/mo. Incredible opportunity for builders, developers, or investors looking for value-add potential in a prime location. Buyer to perform all due diligence.

Property Features
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
Listing Courtesy: Coldwell Banker Realty - Waltham - 781-893-0808
Presented by: Lisa Lyons
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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