$3,000,000
7-11 Gibbs Ct
Waltham, MA, 02452
Exceptional cash-flowing 9-unit investment property generating approximately $226,500 in annual rental income. This well-maintained building features three (3) one-bedroom units and six (6) two-bedroom units, offering 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.
Property Details
Price:
$3,000,000
MLS #:
73488681
Status:
Active
Beds:
15
Baths:
9
Address:
7-11 Gibbs Ct
Type:
Multi Family
Subtype:
5-9 Family
City:
Waltham
Listed Date:
Mar 18, 2026
State:
MA
Finished Sq Ft:
8,100
Total Sq Ft:
8,100
ZIP:
02452
Lot Size:
8,499 sqft / 0.20 acres (approx)
Year Built:
1910
Units:
9
Schools
Interior
Bathrooms
9 Full Bathrooms
Exterior
Construction Materials
Frame
Parking Features
Paved Drive, Paved
Parking Spots
6
Roof
Shingle
Financial
Tax Year
2025
Taxes
$25,794
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Patriot Real Estate Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
7-11 Gibbs Ct
Waltham, MA
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