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.
This home has been viewed 6 times
Last Checked: June 27th, 2026 at 7:58am (Source: MLS PIN #73488681)
Gross Income: $102,900
Gross Expenses: $25,794
Net Income Calc: $77,106
Annual Expenses for 7-11 Gibbs Ct, Waltham MA 02452
Total Gross Expenses (Calculated)$25,794/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax25794
Annual Income & Unit Breakdown for 7-11 Gibbs Ct, Waltham MA 02452
Total Gross Income (Calculated)$102,900
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
General Information for 7-11 Gibbs Ct, Waltham MA 02452
Listing ID73488681
Property TypeMulti Family / 5+ Family
Price3000000 ($370.37/SqFt)
Style5-9 Family
CityWaltham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total8100
Approximate Lot Size (Acres)0.2
Total Parking6
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRES
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 7-11 Gibbs Ct, Waltham MA 02452
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 7-11 Gibbs Ct, Waltham MA 02452
Real Estate Taxes25794
Tax Year2025
Assessed Value$2,626,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 7-11 Gibbs Ct, Waltham MA 02452
Neighborhood(s)
Area Amenities
Contact Information for 7-11 Gibbs Ct, Waltham MA 02452