LRG Boston
(617) 233-5800
355 Boylston St
Boston, Ma 02116
7-11 Gibbs Ct
Waltham, MA
Property Description
Exceptional cash-flowing 9-unit investment property generating approximately $226,500 in annual rental income. This well-maintained building features three (3) one-bedroom units and six (6) two-bedroom units, offering 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.
offered at
$3,000,000
- Status: New
- Listing ID: 73488681
- Bedrooms: 15
- Full Baths: 9
- Living Area: 8,100 sqft Convert
- Lot Size: 8,499 sqft Convert
- Acres: 0.2
Additional Details
Type: Multi-Family, 5-9 Family
Zip Code: 02452
Levels: 3
Parking
Garage Capacity: 6
Parking: Paved Drive, Paved
Parking Spaces: 6
Rooms and Dimensions
Total Units: 9
Total Floors: 3
Total Rooms: 25
Contact: LRG Boston at (617) 233-5800
LRGBOSTON.COM
355 Boylston St. Boston, MA 02116
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