90-96 Bacon Street Waltham — Photo 1 of 17
Recent Drop: $200,000
$3,799,500
Investment Analysis — 90-96 Bacon Street
Waltham, MA 02451
Based on rent reported on the MLS listing, a 15-unit multi-family in 02451 carries $28,371/mo in gross rent — about a 5.79% cap rate and $219,844/yr in estimated NOI at the $3,799,500 list price. Adjust every assumption in the calculator below.
Beds
16
Baths
15
SqFt
8,340
Style
5-9 Family
Built
1920
Rare opportunity to acquire a 15-unit, multi-building multifamily asset in a prime Waltham location. 90–96 Bacon Street consists of three buildings (two 4-family and one 7-unit) totaling 8,340 sq ft on a 0.47-acre lot with 15 off-street parking spaces. The property offers strong in-place occupancy with value-add potential through unit renovations and operational improvements. Utilities are partially landlord-paid, presenting an opportunity for future efficiency enhancements. Conveniently located near Main Street and Central Square, steps from public transportation, and major commuter routes, the property benefits from consistent tenant demand. A rare chance to acquire scale in the Waltham multifamily market.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
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Property History
$3,799,500
Was $3,999,500
Sep 9, 2026
MLS® 73558899
$3,999,500
Aug 4, 2026
MLS® 73558899
$1,598,850
Jun 16, 2008
MLS® 70698565
$1,598,850
Jan 16, 2008
MLS® 70698565
$1,925,000
Dec 31, 2007
MLS® 70650579
$1,925,000
Sep 19, 2007
MLS® 70650579
Listing Agent: Nicholas Neu
Listing Office: Advantage Property Team LLC
MLS® Number: 73558899