11 Hammond Street Waltham, MA 02451

HISTORIC ROADSIDE INN " THE PROSPECT HOUSE" RELOCATED TO HAMOND STREET IN 1909 AND CONVERTED AS AN APARTMENT HOUSE, THIS BUILDING HAS NINE APARTMENTS (8 TWO BEDROOMS & 1 THREE BEDROOM), ALL SEPERATE HEAT & ELECTRIC SYSTEMS, TENANTS PAY THEIR OWN UTILITIES, A GREAT CONDO CONVERSION POTENTIAL WITH POTENTIAL SELL OUT OF $8,233,700.00 (15,926SF @ $517.00 PSF AVERAGE) WITH BONUS ATTIC AND BASEMENT SPACE PUBLIC RECORDS SHOW TOTAL AREA OF 15,926 SF,OR JUST KEEP IT AS A GREAT CASH COW CURRENTLY GENERATING AN OVER 6% CAP RATE OF $168K ANNUAL INCOME !!!!!!! BUILDING IS FULLY LEASED OUT WITH ALL LEASES TO EXPIRE IN AUGUST 2021******* SEE ATTACHED DOCUMENT "WALTHAM CONDOMINIUM COMPRABLE SALES" PROFORMA FOR VERIFICATION OF CONDOMINIUM "POTENTIAL SELL OUT " PRICES...ALSO SEE ATTACHED "RENTAL INCOME & EXPENSE DOCUMENT FOR LEASES INFORMATION, MONTHY RENTAL INCOME & EXPENSES.