7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
7-11 Gibbs Ct, Waltham, MA 02452
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Stacy Corrigan

Stacy Corrigan

+1(401) 829-8323
$ 3,000,000
Est. payment | /mo

15 Beds

9 Baths

8,100 SqFt

Save
$ 3,000,000
Est. payment | /mo
Save

15 Beds

9 Baths

8,100 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $370

MLS Listing ID 73488681

Bedrooms 15

Full Baths 9

Year Built 1910

Annual Tax Amount $25,794

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 5-9 Family

Property 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.

Location

State MA

County Middlesex

Zoning RES

Direction Please use GPS

Exterior

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Longwood Residential, LLC
Stacy Corrigan

"My role is to attract and develop high performing, growth-oriented agents, protect our culture, and create an environment where friendly, focused, and fun professionals can work hard, be kind, and thrive together."

+1(401) 829-8323

stacycorrigan@gmail.com

968 Elm St, Woonsocket, Rhode Island 02895, USA

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7-11 Gibbs Ct