Active
15 Days on market
8-12 Exchange Ct Waltham — Photo 1 of 14

8-12 Exchange Ct Waltham — Photo 1 of 14

$2,399,999

8-12 Exchange Ct, Waltham, MA 02451

Waltham, MA 02451

Beds

10

Baths

8

SqFt

5,547

Style

5-9 Family

Built

1880

Rare opportunity to acquire 8-10-12 Exchange Court, an established downtown Waltham mixed-use income property combining multiple residential rental streams with a separate warehouse/storage tenancy. Tucked off Exchange Street yet only steps from Main Street, the Waltham Public Library and Moody Street's restaurants, shops and entertainment, the property offers the location and convenience that support lasting tenant demand. The Waltham MBTA Commuter Rail station is 0.5 mile away, with nearby bus service and convenient access to Route 20, Route 117, I-95/Route 128 and the Massachusetts Turnpike. The building reflects a varied residential mix that includes studio, one-bedroom and two-bedroom accommodations, plus a commercial warehouse rental. Several apartments were upgraded in July 2026 with fresh paint, new flooring or carpeting, and kitchen and bath improvements. The mix of smaller units, multi-bedroom apartments and warehouse income helps diversify revenue and offers greater leasing flexibility than a conventional small multifamily. Recent leasing activity across the upgraded apartments also provides current evidence of the location's appeal. Additional features include gas heat, city water and sewer, vinyl siding, asphalt roofing done in 2016 and off-street parking, all on a 9,695-square-foot parcel. This is a compelling opportunity to acquire meaningful income-producing scale in a highly connected Waltham location, with existing cash flow, recently improved units, multiple sources of income and a clear near-term path to higher gross revenue. Property is offered as-is. Buyer and buyer's agent must independently verify all information.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$433/sqft
Local Avg (Waltham)$469/sqft
8% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Waltham, MA.

Property Details

Financials

Original Price$2,399,999
Annual Taxes$17,996

Parking

Garage1
Off-Street10

Interior Specifications

Total Rooms20
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone, Brick/Mortar
ZoningRC

Property & Lot

Acres0.22
SqFt Lot9,696
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Population

17,393

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$122K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

40.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Nicholas Neu

Listing Office: Advantage Property Team LLC

MLS® Number: 73567818

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