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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:060 B:007 L:0029,836795

Tax Information

  • Tax Assessed Value $2,626,700
  • Tax Year 2025
  • Taxes$25,794

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Paved
  • Parking Spaces6

Rooms

  • Bathroom9
  • Bathrooms Total Decimal 9
  • Bedrooms15
  • Full Bath9

Basic Information

  • List Price$3,000,000
  • MLS Number73488681
  • Modification Date05/05/2026
  • Property SubType5-9 Family

Location

  • Address7-11 Gibbs Court
  • Building Number7-11
  • CountyMiddlesex
  • StateMA
  • StreetGibbs Court
  • TownWaltham
  • Zip02452

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Rooms25
  • Stories3
  • Units9
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.2

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 8,100
  • Lot Size Square Feet 8,499
  • Lot Size Units Acres
  • Square Feet8,100

Legal

  • ZoningRES

Other

  • Date Listed03/18/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Karen Williams of Longwood Residential,LLC

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