Active
176 Days on market
7-11 Gibbs Ct Waltham — Photo 1 of 31

7-11 Gibbs Ct Waltham — Photo 1 of 31

$3,000,000

7-11 Gibbs Ct, Waltham, MA 02452

Waltham, MA 02452

Beds

15

Baths

9

SqFt

8,100

Style

5-9 Family

Built

1910

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$370/sqft
Local Avg (Waltham)$475/sqft
22% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Waltham, MA.

Property Details

Financials

Original Price$3,000,000
Annual Taxes$25,794

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms25
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRES

Property & Lot

Acres0.2
SqFt Lot8,499
Lot Features--

Geography

Population

15,808

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$118K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

48.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Karen Williams

Listing Office: Patriot Real Estate Group

MLS® Number: 73488681

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