8-12 Exchange Ct
Waltham, MA 02451
- Bedrooms
- 10
- Bathrooms
- 8
- Square feet
- 5,547
- Year built
- 1880
- Price per sq ft
- $388
- Annual taxes
- $17,664 (2026)
Listing brokerage: Advantage Property Team LLCListing agent: Nicholas Neu
Overview
Price Adjustment! 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.
Commercial garage is leased; oil heat; no water/bathroom. Owner was advised by a prior owner that Unit 12-2 contains lead paint. Current owner has no lead paint reports, records, or test results available.
Property details
- Type
- 5-9 Family · Residential Income
- MLS number
- 73567818
- County
- Middlesex
- Rooms
- 20
- Full baths
- 8
- Living area
- 5,547 sq ft
- Lot
- 0.22 acres
- Parking
- 10 spaces, 1-car garage
- Heating
- Natural Gas
- Basement
- Unfinished
- Annual taxes
- $17,664 (2026)
- Lead paint
- Yes
- Listed
- August 25, 2026
Inside
- Range
- Refrigerator
Outside
- Level
Building and community
- Public Transportation
- Shopping
- Park
- Walk/Jog Trails
- Medical Facility
- Laundromat
- Bike Path
- Conservation Area
- Highway Access
- House of Worship
- Public School
- T-Station
- University
Utilities
- Public
- Public Sewer
Location
8-12 Exchange Ct, Waltham, MA 02451
Mortgage calculator
- Principal and interest
- $10,869
- Property taxes
- $1,472
- Estimated monthly payment
- $12,341
An estimate, before insurance. A lender will give you the real figures.
All 14 photos
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