7-11 Gibbs Ct, Waltham, MA 02452
Middlesex County
Key Facts
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
117
MLS® Listing#
73488681
Property Features
Appliances
Parking
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$25,794
Tax year 2025
Assessed Value
$2,626,700
Parcel Number
M:060 B:007 L:0029,836795
Directions
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Affordability Calculator
$600,000
Estimated monthly payment
$15,967/mo
Principal $2,400,000 · Est. interest $3,348,214 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waltham, MA
- $925,000
- Median Listing Price
- 48
- Median Days on Market
- 2,316
- Median Sq Ft
- $448
- Median Price / Sq Ft
- 71
- Active Listings
- This home’s price is 224% above the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waltham, MA.
Location
Points of Interest in Waltham, MA
Showing the Waltham area map.
Nearby Schools
Znayka School
School · 0.1 mi away
McDevitt Middle School
Secondary · 0.1 mi away
Thomas R Plympton Elementary School
Elementary · 0.5 mi away
Bright Elementary School
Elementary · 0.6 mi away
Philosophy Foundation
School · 0.9 mi away
Worcester House School
Elementary · 0.9 mi away
Whittemore Elementary
Elementary · 0.9 mi away
St Jude School
School · 1.0 mi away
William F. Stanley Elementary School
Elementary · 1.2 mi away
Waltham High School
Secondary · 1.2 mi away
Fitzgerald Elementary School
Elementary · 1.3 mi away
Franklin Elementary School
Elementary · 1.3 mi away
Waltham Public Schools
School · 1.3 mi away
Kennedy Middle School
Secondary · 1.4 mi away
The Pixels and Polygons School
School · 1.4 mi away
Jewish Community Day School
School · 1.4 mi away
Gann Academy
School · 1.5 mi away
The Fessenden School
Elementary · 1.5 mi away
Milestones
School · 1.6 mi away
F.A. Day Middle School
Secondary · 1.7 mi away
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EXIT Agents in Waltham
Listing Courtesy: Longwood Residential, LLC - 6173963100
Presented by: Karen Williams