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55-57 Crescent St, Waltham MA 02453

$2,175,000

Estimated $93,437/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $310,714.29

Total Rent: 19200/year

Estimated CAP Rate: -48.72%

10 Bedrooms

4 Full, 1 Half Baths

4,585 SqFt

Total Parking: 8

10,899 SqFt

Excellent investment opportunity - A savvy buyer/investor will see what can be produced from this multi-family with commercial space and licensed rooming house. You will find a two-story hair salon/spa with workstations and free-standing sinks, a prep room, and waiting rooms. On the second floor of this unit, there is an ideal space for waxing, facials, and massage rooms. On the other side of the building, there is a first-floor, updated, and pristine one-bedroom apartment with a large, exclusive-use deck overlooking the water and access to the basement. The second story offers a large studio apartment that is also occupied. On the third floor, there are three separate rooms with/shared bath and kitchenette, also occupied. Although the property is not yet at full capacity, it continues to generate an income. There is significant untapped potential and upside for this building, which offers a fantastic walking location and is just one block from Moody Street, with private off-street par

This home has been viewed 37 times

Last Checked: November 8th, 2025 at 5:43am (Source: MLS PIN #73450474)

Gross Income: $19,200

Gross Expenses: $1,078,923

Net Income Calc: $1,059,723

CAP Rate: -48.72%

Waterfront

Water Views

Annual Expenses for 55-57 Crescent St, Waltham MA 02453

Total Gross Expenses (Calculated)$1,078,923/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$1,078,923

Annual Income & Unit Breakdown for 55-57 Crescent St, Waltham MA 02453

Total Gross Income (Calculated)$19,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent Includes

General Information for 55-57 Crescent St, Waltham MA 02453

Listing ID73450474

Property TypeMulti Family / 5+ Family

Price$2,175,000 ($474.37/SqFt)

Style5-9 Family

CityWaltham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,585 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking8

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoningmixed

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontYes

Waterfront FeaturesRiver, Waterfront

Energy FeaturesPicture Window

Terms

Disclosures for 55-57 Crescent St, Waltham MA 02453

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureMixed units and commercial space - used as hair sa

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$19,200

Total Net Income By Broker$19,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 55-57 Crescent St, Waltham MA 02453

Real Estate Taxes$1,078,923

Tax Year2025

Assessed Value$1,098,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$19,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$19,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-48.72%

Location Information for 55-57 Crescent St, Waltham MA 02453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 55-57 Crescent St, Waltham MA 02453

Agent

Name: David Ferrini

Office

Name: Coldwell Banker Realty - Sudbury

Phone: 978-443-9933

Payment Calculator

, Interest

Property Taxes 89910.25

Principal & Interest 13401.66

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Sudbury

David Ferrini

Agent Phone

Office Phone

(978) 443-9933

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT

Active

55-57 Crescent St, Waltham MA 02453

$2,175,000

Annual Expenses for 55-57 Crescent St, Waltham MA 02453

Annual Income & Unit Breakdown for 55-57 Crescent St, Waltham MA 02453

General Information for 55-57 Crescent St, Waltham MA 02453

Disclosures for 55-57 Crescent St, Waltham MA 02453

Financial Information for 55-57 Crescent St, Waltham MA 02453

Location Information for 55-57 Crescent St, Waltham MA 02453

Contact Information for 55-57 Crescent St, Waltham MA 02453

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Coldwell Banker Realty - Sudbury

David Ferrini