$2,400,000
$2,000,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
252-254 Crescent St Waltham, MA 02453
8 Beds
6 Baths
4,517 SqFt
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 Sub-Type 5-9 Family
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
Roof Type Shingle
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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Bought with Kristin Santagati • Coldwell Banker Realty - Belmont
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