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