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74 Harvard St, Waltham, MA, 02453

6beds
6baths
3,964sqft
$1,899,000
$479price/sqft
$12,418/moest. monthly cost
$496,720/yrincome needed

About This Home

Excellent investment opportunity in the heart of Waltham!! First time for sale in over 35 years! This low maintenance brick building consists of 6 apartment units. Five 1- bedrooms / 1 bathroom apartments, and One studio apartment / 1 bathroom. Rental income $122k+/- yearly. Current rents are below market, could potentially be increased. Leases are Tenancy-At-Will The units are separately metered for electricity, electric heat, and electric hot water, which are paid directly by the tenants, with Landlord responsible for common area electric and domestic water and sewer. Coin-operated washer and dryer brings in extra income. The Property is ideal for a potential buyer looking for income growth and strong investment returns. Close proximity to Main Street, Waltham Common, the MBTA Commuter Rail, and Moody Street’s desirable restaurants and shopping. GROUP SHOWINGS ONLY, after Open House on Saturday 3/28 from 12:00 – 1:30pm.

Getting Around

88
WalkingVery Walkable
43
TransitSome Transit
78
BikeVery Bikeable

Schools

7/10
4/10
Waltham Sr High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Other
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Finished area above ground: 3,964

Interior Area

  • Total structure area: 3,964
  • Total interior livable area: 3,964 sqft

Property

Details

  • Parcel number: M:059 B:033 L:0008,836630
  • Zoning: R

Lot

  • Lot size: 7,074 sqft
  • Features: Level

Parking

  • Total spaces: 6
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,602$115,224
Home Insurance *$437$5,244
Property Taxes $1,598$19,176
Electricity $781$9,380
Total$12,418$149,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$425,760/yr
40% on housing$372,540/yr
45% on housing$331,146/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$479This listing

vs Other Active Listings

Avg $/sqft

ZIP 02453$420
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02453$536
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-25Listed for sale$2,100,000

For Sale by Agent

AgentCheryle West
BrokerageColdwell Banker Realty - Waltham

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