$3,000,000 ($370.37 per sqft)

Est. Mortgage $14,389/mo *

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7-11 Gibbs Ct, Waltham, MA, 02452

7-11 Gibbs Ct, Waltham, MA, 02452
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25 rooms

15 beds

9 Full baths

1910

8,100 sqft

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.

Status:

Active

Type:

Multi-family

Units:

9

Zoning:

RES

Levels:

3

Parking:

6-car, Paved Drive, Paved

Acreage:

0.2

Est. Taxes:

$25,794

Assessment

$2,626,700

Construction

Frame

MLS #:

73488681

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Karen Williams, Longwood Residential, LLC 617-396-3100