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.
| Units | 9 |
| Living area | 8,100 sqft |
| Lot size | 8,499 sqft |
| Year built | 1910 |
| Price / sqft | $370 |
| County | Middlesex |
| MLS # | 73488681 |
| Days on market | 48 days |
| Listed on | March 18, 2026 |
| Annual property tax | $25,794 |
| Tax year | 2025 |
| Assessed value | $2,626,700 |
| Zoning | RES |
| Gross income (actual) | $0/yr |
| Net operating income (actual) | $0/yr |
| Total actual rent | $18,875/mo |
| Stories | 3 |
| Total rooms | 25 |
| Lot size | 0.2 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Paved |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of Longwood Residential, LLC — Karen Williams. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 9-unit multi-family property with 8,100 sqft of living area, built in 1910.
7-11 Gibbs Ct, Waltham MA 02452 has been listed for 48 days (since March 18, 2026).
Based on area median rents, the estimated cap rate is about 6.3%, with a Signal Score of 95/100. These are directional estimates, not an appraisal.
At a list price of $3,000,000 across 9 units, that works out to roughly $333,333 per unit.
Annual property taxes are $25,794 (2025), on an assessed value of $2,626,700.
At $3,000,000 for 8,100 sqft, that's about $370 per square foot.
6 total parking spaces (paved drive, paved).
7-11 Gibbs Ct, Waltham MA 02452 is in Waltham, Middlesex County, MA 02452.