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7-11 Gibbs CtWaltham, MA 02452

Middlesex County

$3,000,000List price
15Beds
9Baths
8,100Sq Ft
1910Year built
0.20Acre lot
3Stories
6 months agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1910
Stories
3
Living area
8,100 Sq Ft
Lot size
0.20 acres
Parking spaces
6
Zoning
RES
Days on market
195
MLS® Listing#
73488681

Property Features

Appliances
Gas Water Heater
Parking
Paved
Construction
Frame
Foundation
Stone
Roof
Shingle
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$25,794Tax year 2025
Assessed value
$2,626,700
Parcel number
M:060 B:007 L:0029,836795

Directions

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Listing Courtesy: Longwood Residential, LLC - 6173963100

Presented by: Karen Williams

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