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Multi-family home at 8-12 Exchange Ct, Waltham — photo 11 / 14

$2,149,500

Active

8-12 Exchange Ct

Waltham, MA 02451

5,547Sq Ft
$388$/Sq Ft
9,696 sqftLot
1880Built
43Days on Market

Listed by Nicholas Neu at Advantage Property Team LLC

Listing courtesy of Nicholas Neu, Advantage Property Team LLC

Location

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About This Property

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.

Property Details

Key Facts

Property Type

Multi Family

Year Built

1880

Living Area

5,547 sqft

Lot Size

9,696 sqft

Construction

Basement

Full Basement

Parking Spaces

9

Garage Spaces

1

Financial

Taxes (2026)

$17,996/yr

Price / Sqft

$388/sqft

MLS #

73567818

Days on Market

43

Price History

Listed

Aug 25, 2026

$2,149,500

Price

Oct 1, 2026

$2,249,500

$2,149,500

Price

Sep 9, 2026

$2,399,999

$2,249,500

Explore the Neighborhood

Schools Nearby

Waltham Public Schools

10 schools · 10:1 student-teacher ratio

B5/10

Elementary Schools

Stanley Elementary School (K-5)6/10
Fitzgerald Elementary School (K-5)5/10
Plympton Elementary School (K-5)5/10

Middle Schools

McDevitt Middle School (6-8)5/10
Kennedy Middle School (6-8)5/10

High Schools

Waltham Senior High School (9-12)3/10
Low student-teacher ratio (10:1 district-wide)Career and Technical Education pathways at WHSStrong ELL and multilingual support (diverse community)Proximity to Brandeis and Bentley University resources

Ratings from GreatSchools & Niche

Full school details →
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Listing Courtesy Of

Nicholas Neu · Advantage Property Team LLC
(781) 209-0888

MLS #73567818

Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated October 3, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.

Home Value