$3,000,000
 $16,105 est/mo Sourced by Back At You

7-11 Gibbs Ct,Waltham, MA 02452

Waltham, MA 02452

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Description

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.

Details

MLS #73488681
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1910
Days On Site186
Listing Provided ByLongwood Residential, LLC | Karen Williams

Features

Bed(s)15
Bath(s) 9 Total
SQ Feet8,100
Story(s)3
Units9
ZoningRES
Acreage0.20

Interior

Rooms Total25
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsStone

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Paved
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount25794
Tax Assessed Value2626700
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityWaltham
Zip Code02452
AreaMiddlesex
Listing VS Median (in 02452)
Price:
$3,000,000
low | high
Med:
$725,000
100% of Average
sqft:
8,100
low | high
Med:
1,584
100% of Average
$ / sqft:
$370
low | high
Med:
$458
26.420454545455% of Average
On site:
186
low | high
Med:
5
100% of Average
Sourced by Back At You

Market Activity 02452

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Learn More About This Property

StateMA
CountyMiddlesex
CityWaltham
Zip Code02452
AreaMiddlesex
Listing VS Median (in 02452)
Price:
$3,000,000
low | high
Med:
$725,000
100% of Average
sqft:
8,100
low | high
Med:
1,584
100% of Average
$ / sqft:
$370
low | high
Med:
$458
26.420454545455% of Average
On site:
186
low | high
Med:
5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.25M - $3.75M
sqft: 6,000 - 10,000
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Waltham, MA 02453
90-96 Bacon Street Property Photo 1
$3,799,500
90-96 Bacon Street
Waltham, MA 02451
Listing Updated: September 7, 2026 at 2:08:33 AM PDT