For Sale

8-12 Exchange Ct, Waltham, MA

Waltham · MA 02451

$2,149,500
Price
10
Beds
8
Baths
5547
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 9 Units
Lot size: 9,696 Sq.Ft Lot
Price per square foot: $388 / Sq.Ft
Parking: 1 Garage Space · 9 Off Street Spaces

About this home

Price Adjustment! Rare opportunity to acquire 8-10-12 Exchange Court, an established downtown Waltham mixed-use income property combining multiple residential rental streams with a separate warehouse/storage tenancy. Tucked off Exchange Street yet only steps from Main Street, the Waltham Public Library and Moody Street's restaurants, shops and entertainment, the property offers the location and convenience that support lasting tenant demand. The Waltham MBTA Commuter Rail station is 0.5 mile away, with nearby bus service and convenient access to Route 20, Route 117, I-95/Route 128 and the Massachusetts Turnpike. The building reflects a varied residential mix that includes studio, one-bedroom and two-bedroom accommodations, plus a commercial warehouse rental. Several apartments were upgraded in July 2026 with fresh paint, new flooring or carpeting, and kitchen and bath improvements. The mix of smaller units, multi-bedroom apartments and warehouse income helps diversify revenue and offers greater leasing flexibility than a conventional small multifamily. Recent leasing activity across the upgraded apartments also provides current evidence of the location's appeal. Additional features include gas heat, city water and sewer, vinyl siding, asphalt roofing done in 2016 and off-street parking, all on a 9,695-square-foot parcel. This is a compelling opportunity to acquire meaningful income-producing scale in a highly connected Waltham location, with existing cash flow, recently improved units, multiple sources of income and a clear near-term path to higher gross revenue. Property is offered as-is. Buyer and buyer's agent must independently verify all information.

Neighborhood & Transit

8-12 Exchange Ct, Waltham · MA 02451

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Waltham Commuter Rail 1 route 0.33 mi
    • Fitchburg Line

Price Insight

Days on Market:
70 days
Listing Price:
$2,149,500
Price per Sq.Ft:
$388
Tax Assessment:
$1,602,200 in 2026
Taxes:
$1,472 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
8
Half Bathrooms
0
Living Area
5,547 Sq.Ft
Broker Disclosure about Living Area
Bedroom count includes studios. LA doesn't include 1350sqft commercial garage, which is the 9th unit
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5547
Flooring
Unknown
Lead paint
Yes

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
400 Amps

Exterior Features

Lot Size
9,696 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
9 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
Nicholas Neu
Listing office
Advantage Property Team LLC
MLS PIN #
73567818
Disclosure
Commercial garage is leased; oil heat; no water/bathroom. Owner was advised by a prior owner that Unit 12-2 contains lead paint. Current owner has no lead paint reports, records, or test results available.
Disclosure
Bedroom count includes studios. LA doesn't include 1350sqft commercial garage, which is the 9th unit