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$2,249,500
24 Days On Site

8-12 Exchange Ct
Waltham, MA 02451

For Sale|Multi Family|Active
10
Beds
8
Total Baths
8
Full Baths
5,547
SqFt
$406
/SqFt
1880
Built
County:
Middlesex

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8-12 Exchange Ct8-12 Exchange Ct8-12 Exchange Ct8-12 Exchange Ct
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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.

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Listing Snapshot
Price 
$2,249,500
Days On Site 
24 Days
Bedrooms 
10
Inside Area (SqFt) 
5,547 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1880
MLS® Number 
73567818
Status 
Active
Property Tax 
$17,996
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
a week agoPrice changed to $2,249,500
a week agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Acres 
0.22
Disclosures 
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 reportsrecordsor test results available.
Foundation 
StoneBrick/Mortar
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
7
Parking 
Off Street
Parking Spaces 
10
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5547
SqFt Total 
5547
Water Source 
Public
Zoning 
RC
Interior Features
Appliances 
RangeRefrigeratorGas Water Heater
Basement 
Unfinished
Heating 
Natural Gas
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Exterior Features
Lot Features 
Level
Roof 
Shingle
Community Features
Community Features 
Park
Financing Terms Available 
Contract
Listing courtesy of Nicholas Neu of Advantage Property Team LLC



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-09-19 12:33 PM UTC

Neighborhood & Commute
Source: Walkscore
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