7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
31
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$3,000,000
Est. payment /mo
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15 Beds
9 Baths
8,100 SqFt
Active

7-11 Gibbs Ct Waltham, MA 02452

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $370

MLS Listing ID 73488681

Bedrooms 15

Full Baths 9

Year Built 1910

Annual Tax Amount $25,794

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 5-9 Family

Property 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.

Location

State MA

County Middlesex

Zoning RES

Direction Please use GPS

Exterior

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Longwood Residential, LLC
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.