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90-96 Bacon St 15 Unit Apartment Building $5,528,709 CAD ($368,581 CAD/Unit) 7.02% Cap Rate Waltham, MA 02451



Executive Summary
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 approximately 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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,528,709 CAD | Building Class | C |
| Price Per Unit | $368,581 CAD | Lot Size | 0.47 AC |
| Sale Type | Investment | Building Size | 8,340 SF |
| Cap Rate | 7.02% | Average Occupancy | 95% |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 1.8/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RC - Residence C. | ||
| Price | $5,528,709 CAD |
| Price Per Unit | $368,581 CAD |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 8,340 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | RC - Residence C. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+4 | 4 | $9,739 CAD | 2,000 |
| 4+4 | 4 | $9,193 CAD | 2,000 |
| 7+5 | 7 | $17,832 CAD | 4,040 |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | WALT-000050-000033-000005 | Total Assessment | $3,742,436 CAD |
| Land Assessment | $2,125,363 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,617,073 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
WALT-000050-000033-000005
Land Assessment
$2,125,363 CAD
Improvements Assessment
$1,617,073 CAD
Total Assessment
$3,742,436 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Photos
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Map
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Advantage Property
90-96 Bacon St
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