7-11 Gibbs Ct, Waltham $3,000,000

Sale Type: For Sale Ft2: 8,100 Lot Size: 8,499 Ref #: 73488681

We are happy to answer any questions about this property or arrange for a showing at your convenience. Thank you!

 

If you would like to send this property to a friend that you think may be interested, please complete the form below. To send this property to multiple friends, enter each email separated by a comma in the 'Friends Email' field.

 

Please contact the agent for any questions or to view property.
Please add property address to message. Thanks!


Contact Agent
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.

Details

Ft2
8,100
Lot Size
8,499
Tax
$25,794
Listing provided courtesy of Karen Williams, Longwood Residential, LLC