
7-11 Gibbs Ct Waltham — Photo 1 of 31
Beds
15
Baths
9
SqFt
8,100
Style
5-9 Family
Built
1910
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.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Waltham, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Population
15,808
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$118K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
48.9%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Karen Williams
Listing Office: Patriot Real Estate Group
MLS® Number: 73488681
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