$1,700,000
$1,650,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
240 Crescent St Waltham, MA 02453
11 Beds
8 Baths
4,000 SqFt
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $425
MLS Listing ID 73176152
Sold Date 02/13/24
Bedrooms 11
Full Baths 8
Year Built 1920
Annual Tax Amount $14,943
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Listed at an 8.21% cap rate on current income, 240 Crescent Street consists of 11 residential units with 3 studio units, 3 1-Bedroom/1-Bathroom units and 5 SRO (Single Room Occupancy) units. All units have been renovated with new kitchens and bathrooms as well as updated flooring. Recent capital improvements include renovated common areas as well as a new, asphalt shingle roof. There is on-site laundry for the tenants of the property as well as one parking space. 240 Crescent Street is centrally located on an attractive residential street just seconds from the Charles River and a few blocks from downtown Waltham and Moody Street and its many vibrant shops, restaurants, and bars. The Properties' central location offers convenient highway access to the major employment centers in Boston, Cambridge, and the Route 128 Technology Corridor. 240 Crescent St can be purchased with 252-254 Crescent St (MLS ID: 73176153)
Location
State MA
County Middlesex
Zoning R
Direction Please Use GPS
Interior
Appliance Washer, Dryer
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University
Roof Type Shingle
Total Parking Spaces 1
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Ron Ifrah • Longwood Residential, LLC
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