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.
| Units | 2 |
| Living area | 1,901 sqft |
| Lot size | 5,489 sqft |
| Year built | 1900 |
| Price / sqft | $420 |
| County | Middlesex |
| MLS # | 73459250 |
| Days on market | 178 days |
| Listed on | December 3, 2025 |
| Annual property tax | $8,033 |
| Tax year | 2025 |
| Assessed value | $818,000 |
| Zoning | RB |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 9 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Paved |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Sewer | Public Sewer |
| Water | Public |
Listing courtesy of Coldwell Banker Realty - Waltham — Lisa Lyons. Listing data © MLS PIN.
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It is a 2-unit multi-family property with 1,901 sqft of living area, built in 1900.
11 Derby Street, Waltham MA 02453 has been listed for 178 days (since December 3, 2025).
Annual property taxes are $8,033 (2025), on an assessed value of $818,000.
At $799,000 for 1,901 sqft, that's about $420 per square foot.
6 total parking spaces (paved drive, off street, paved).
11 Derby Street, Waltham MA 02453 is in Waltham, Middlesex County, MA 02453.