$3,000,000
Active7-11 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 throughoutproviding 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 usagehelping 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
Estimated payment
$18,569 / month
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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