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Exceptional, Turnkey, three-family opportunity in desirable South Waltham! Offering versatility for both owner-occupants and investors, this multi-family property features a larger 1,600+- square foot unit at 282 River Street, renovated in 2025, along with two additional 800+- square foot units at 280 River Street, remodeled in 2020 and 2022. The rental income from the two additional units can help offset ownership costs, while renting all three units offers the potential to maximize cash flow. Additional features include separate gas and electric utilities, two sets of washer and dryer hookups, hardwood flooring, ample off-street parking and a two-car garage with additional parking or storage. Conveniently located near the Charles River, The Charles River Walkway, major routes, schools, Bentley and Brandeis Universities, public transportation and numerous restaurant and shopping venues. An excellent opportunity for owner-occupancy with supplemental rental income or for investors seeking a 1031 exchange property. Potential for conversion to four units, subject to buyer due diligence and all applicable approvals.

More Info

Basic Information

  • Gross Income $74,400
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number 837432
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,077,800
  • Tax Year 2026
  • Taxes$11,123

School Information

  • Elementary SchoolFitzgerald
  • High SchoolWaltham
  • High School Waltham
  • Junior HighMcdevitt

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street
  • Parking Spaces7

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms5
  • Full Bath4

Basic Information

  • List Price$1,299,000
  • MLS Number73575796
  • Modification Date10/17/2026
  • Property SubType3 Family

Location

  • Address280-282 River Street
  • Building Number280-282
  • CountyMiddlesex
  • StateMA
  • StreetRiver Street
  • TownWaltham
  • Zip02453

Building

  • BasementWalk-Out Access, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces2
  • Levels 4
  • Patio And Porch Features Deck - Roof
  • Rooms12
  • Stories4
  • Units3
  • Window Features Insulated Windows
  • Year Built1920
  • Year Built Details Actual, Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.15

Interior

  • Flooring Tile, Laminate, Hardwood
  • Interior Features Living Room, Kitchen, Family Room, Living RM/Dining RM Combo

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,264
  • Lot Size Square Feet 6,599
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,264

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Refrigerator
  • Other AmenitiesBasement, Tennis

Other

  • Date Listed09/11/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Driving Directions

Listed by Lisa Dallaire of Berkshire Hathaway HomeServices Commonwealth Real Estate

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