HomeWaltham5-9 Family8-12 Exchange Ct, Waltham MA 02451
8-12 Exchange Ct, Waltham MA 02451 — photo 1 of 141 / 14
$2,399,999
8-12 Exchange Ct, Waltham MA 02451
9 units · 10 bd · 8 ba · 5,547 sqft · $266,667/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02451) yet.

About this property

Rare opportunity to acquire 8-10-12 Exchange Court, an established downtown Waltham mixed-use income property combining multiple residential rental streams with a separate warehouse/storage tenancy. Tucked off Exchange Street yet only steps from Main Street, the Waltham Public Library and Moody Street's restaurants, shops and entertainment, the property offers the location and convenience that support lasting tenant demand. The Waltham MBTA Commuter Rail station is 0.5 mile away, with nearby bus service and convenient access to Route 20, Route 117, I-95/Route 128 and the Massachusetts Turnpike. The building reflects a varied residential mix that includes studio, one-bedroom and two-bedroom accommodations, plus a commercial warehouse rental. Several apartments were upgraded in July 2026 with fresh paint, new flooring or carpeting, and kitchen and bath improvements. The mix of smaller units, multi-bedroom apartments and warehouse income helps diversify revenue and offers greater leasing flexibility than a conventional small multifamily. Recent leasing activity across the upgraded apartments also provides current evidence of the location's appeal. Additional features include gas heat, city water and sewer, vinyl siding, asphalt roofing done in 2016 and off-street parking, all on a 9,695-square-foot parcel. This is a compelling opportunity to acquire meaningful income-producing scale in a highly connected Waltham location, with existing cash flow, recently improved units, multiple sources of income and a clear near-term path to higher gross revenue. Property is offered as-is. Buyer and buyer's agent must independently verify all information.

Property details

Units9
Living area5,547 sqft
Lot size9,696 sqft
Year built1880
Price / sqft$433
CountyMiddlesex
MLS #73567818

Listing status

Days on market0 days
Listed onAugust 25, 2026

Taxes & financials

Annual property tax$17,996
Tax year2026
Assessed value$1,602,200
ZoningRC
Gross income (actual)$154,980/yr
Net operating income (actual)$129,432/yr
Total actual rent$17,065/mo
Electric expense$0/yr
Insurance expense$4,369/yr

Building & lot

Stories7
Total rooms20
Lot size0.22 acres
Garage spaces1
Parking spaces10
ParkingOff Street
BasementUnfinished
FoundationStone, Brick/Mortar
RoofShingle

Utilities & systems

HeatingNatural Gas
SewerPublic Sewer
WaterPublic
AppliancesRange, Refrigerator

Location

More about investing in Waltham

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 8-12 Exchange Ct, Waltham MA 02451 have?

It is a 9-unit multi-family property with 5,547 sqft of living area, built in 1880.

How long has 8-12 Exchange Ct, Waltham MA 02451 been on the market?

8-12 Exchange Ct, Waltham MA 02451 has been listed for 0 days (since August 25, 2026).

What is the price per unit?

At a list price of $2,399,999 across 9 units, that works out to roughly $266,667 per unit.

What are the property taxes on 8-12 Exchange Ct, Waltham MA 02451?

Annual property taxes are $17,996 (2026), on an assessed value of $1,602,200.

What is the price per square foot?

At $2,399,999 for 5,547 sqft, that's about $433 per square foot.

Is there parking?

1 garage space and 10 total parking spaces (off street).

Where is this property located?

8-12 Exchange Ct, Waltham MA 02451 is in Waltham, Middlesex County, MA 02451.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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