For Sale
7-11 Gibbs Ct, Waltham, MA
Waltham · MA 02452
- $3,000,000
- Price
- 15
- Beds
- 9
- Baths
- 8100
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
9 Units
Lot size:
8,499 Sq.Ft Lot
Price per square foot:
$370 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Exceptional cash-flowing 9-unit investment property generating approximately $226,500 in annual rental income. This well-maintained building features three (2) one-bedroom units (2) three-bedroom units, (5) two-bedroom units, and a strong and diverse rental mix. Recent capital improvements include a new roof and siding, an updated exterior, paved driveway, and upgraded electrical systems throughout—providing peace of mind and reduced near-term maintenance costs. Current rents are slightly below market value, creating a clear opportunity for future rent increases and additional upside for the next owner. The property also benefits from separate utilities, with tenants responsible for their own usage—helping to maximize net operating income. Additional amenities include off-street parking for at least six vehicles. Prime location, close to major universities and with commuter rail access, making the property attractive to both tenants and investors.
Neighborhood & Transit
7-11 Gibbs Ct, Waltham · MA 02452
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Waltham Commuter Rail 1 route 0.22 mi
- Fitchburg Line
Price Insight
- Days on Market:
- 230 days
- Listing Price:
- $3,000,000
- Price per Sq.Ft:
- $370
- Tax Assessment:
- $2,626,700 in 2025
- Taxes:
- $2,150 / Monthly
Home Facts
Interior Features
- Bedrooms
- 15
- Full Bathrooms
- 9
- Half Bathrooms
- 0
- Living Area
- 8,100 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 8100
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 8,499 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Karen Williams
- Listing office
- Longwood Residential, LLC
- MLS PIN #
- 73488681
- Disclosure
- Please email the listing agent to request the rent roll and expenses details.
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