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)
Sold
$2,400,000
252-252 Crescent St #254, Waltham, MA 02453
8beds
4,517sqft
5-9 Family
Built in 1870
-- sqft lot
$-- Zestimate®
$531/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 22, 2024 at 09:53am
Listed by:
Dennis Kelleher,
Horvath & Tremblay
Bought with:
Kristin Santagati
Coldwell Banker Realty - Belmont
Source: MLS PIN,MLS#: 73176153
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,517
- Total interior livable area: 4,517 sqft
Property
Parking
- Total spaces: 11
- Parking features: Leased
- Garage spaces: 1
Lot
- Size: 0.26 Acres
- Features: Corner Lot
Details
- Parcel number: 839362
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1870
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University
Location
- Region: Waltham
HOA & financial
Other financial information
- Total actual rent: 13575