7-11 Gibbs Ct, Waltham, MA 02452
Local realty services provided by:Metropolitan Homes
7-11 Gibbs Ct,Waltham, MA 02452
$3,000,000
- 15 Beds
- 9 Baths
- 8,100 sq. ft.
- Multi-family
- Active
Listed by: karen williams
Office: longwood residential, llc
MLS#:73488681
Source:MLSPIN
Price summary
- Price:$3,000,000
- Price per sq. ft.:$370.37
About this home
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.
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Home facts
- Year built:1910
- Listing ID #:73488681
- Updated:March 23, 2026 at 04:55 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:9
- Full bathrooms:9
- Rooms Total:25
- Living area:8,100 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:8,100 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Frame
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,000,000
- Price per sq. ft.:$370.37
- Tax amount:$25,794 (2025)
Parking
- Total parking spaces:6
- Parking description:Paved, Paved Drive
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