Waltham, MA 02453,252-254 Crescent St
Waltham, MA 02453,252-254 Crescent St
Waltham, MA 02453,252-254 Crescent St
$2,400,000
Est. payment /mo
$2,000,000
20.0%
Est.Price: ?

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8 Beds
6 Baths
4,517 SqFt
SOLD DATE : 01/08/2024

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,517 sqft

Price per Sqft $531

MLS Listing ID 73176153

Sold Date 01/08/24

Bedrooms 8

Full Baths 6

Year Built 1870

Annual Tax Amount $16,666

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Property Description

Listed at a 6.6% Cap Rate on current income, 252-254 Crescent Street consists of 6 residential units in 4,517 square feet of living area with 4 1-Bedroom/1-Bathroom units and 2 2-Bedroom/1 Bathroom Units. All units have been renovated with new kitchens and bathrooms as well as updated flooring. There is ample, off-street parking for tenants of the property including 11 parking spaces. Recent capital improvements include renovated common areas as well a new electrical service to the property featuring 100amps for all units. There is an on-site laundry facility for tenants of the property as well. 252-254 Crescent Street offers the opportunity to acquire a turnkey investment in an exceptional, urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. 252-254 Crescent St can also be purchased with 240 Crescent St (MLS ID: 73176152)

Location

State MA

County Middlesex

Zoning R

Direction Please Use GPS

Interior

Appliance Washer, Dryer

Exterior

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University

Waterfront false

Roof Type Shingle

Parking Type Leased

Total Parking Spaces 11

Garage Yes

Building

Lot Description Corner Lot

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay
Bought with Kristin Santagati • Coldwell Banker Realty - Belmont

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