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$3,000,000

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7-11 Gibbs Ct

Waltham, MA, 02452

Multi-Family · MLS #73488681

Price/sqft

$370

Days on market

New today

Year built

1910

Lot size

0.20 ac

8,100 sq ft

Sq Ft

0.20 acres

Lot

1910

Year Built

Taxes: $25,794 (2025)

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.

Property details

Road type
Public

Listed by Karen Williams · Longwood Residential, LLC

Schedule a showing

7-11 Gibbs Ct

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$18,569 / month

Down payment20% · $600,000
Interest rate6.50%

Loan term

Principal & interest
$15,170
Property tax
$2,150
Home insurance
$1,250

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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