$3,000,000

7-11 Gibbs Ct, WALTHAM, WALTHAM, MA 02452

15Beds
9Baths
8,100Sq Ft
1910Built
HomeType

About this home

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.

Property details

MLS #
73488681
Property type
Home
Year built
1910
Interior
8,100 ft2
Status
Active
Listed by
Boston Realty

Listed 3 days ago

Facts & features

Features
Roof: Shingle
Rooms
25
Listing
For sale
MLS #
73488681

Location

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Nearby

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