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Executive Summary

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.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,320,639 CAD
Price Per Unit $368,960 CAD
Sale Type Investment
Cap Rate 7.47%
No. Units 9
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 0.22 AC
Building Size 8,152 SF
Average Occupancy 75%
No. Stories 3
Year Built 1880
Zoning RC - Residence C

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $2,214 CAD 250 - 350
Studios 1 $2,421 CAD 250 - 350
2+1 1 $3,321 CAD 500 - 750
Studios 1 $2,518 CAD 250 - 350
1+1 1 $3,044 CAD 500 - 750
Studios 1 $2,484 CAD 250 - 350
Studios 1 $3,321 CAD 250 - 350
2+1 1 $1,660 CAD 500 - 750
Studios 1 $2,629 CAD 1,000 - 3,000
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
WALT-000060-000015-000001
Land Assessment
$1,073,674 CAD (2025)
Improvements Assessment
$1,013,072 CAD (2025)
Total Assessment
$2,086,746 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41874132

  • Date on Market: 2026-08-25

  • Last Updated:

  • Address: 8 Exchange Ct, Waltham, MA 02451

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