
8-12 Exchange Ct Waltham — Photo 1 of 14
Recent Drop: $150,499
$2,249,500
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
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Waltham, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$2,249,500
Was $2,399,999
Sep 9, 2026
MLS® 73567818
$2,399,999
Aug 25, 2026
MLS® 73567818
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
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Nicholas Neu
Listing Office: Advantage Property Team LLC
MLS® Number: 73567818
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