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Builder and investor opportunity in Waltham's desirable South Side! Offered as an income-producing investment property, currently two large 1-bedroom units with expansion potential. Located in an RB zoning district with Old Lot Opinion flexibility, allowing for a 1647 sq ft buildable footprint and reduced side-yard setback requirements per town guidelines. Two-family structure in place with strong potential for redevelopment, condo conversion, or expansion including a possible accessory dwelling unit (ADU), subject to municipal approvals. Inquire about seller finance option. Buyer to perform all due diligence.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 841483

Tax Information

  • Tax Assessed Value $818,000
  • Tax Year 2025
  • Taxes$8,033

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms2
  • Full Bath2

Basic Information

  • List Price$799,000
  • MLS Number73459250
  • Modification Date05/30/2026
  • Property SubTypeMulti Family

Location

  • Address11 Derby Street
  • Building Number11
  • CountyMiddlesex
  • StateMA
  • StreetDerby Street
  • TownWaltham
  • Zip02453

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Deck - Wood
  • Rooms9
  • Stories3
  • Units2
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.13

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,901
  • Lot Size Square Feet 5,489
  • Lot Size Units Acres
  • Square Feet1,901

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • University

Legal

  • ZoningRB

Other

  • Date Listed12/03/2025
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Lisa Lyons of Coldwell Banker Realty - Waltham

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