Turn-Key Six-Family Apartment
252-254 Crescent Street Waltham, MA 02453
252-254 Crescent Street, Waltham, MA, 02453
$2,695,000
For Sale
$2,695,000
Fully rented six-family home with updated kitchens, tiled bathrooms, hardwood floors, laundry, and off-street parking.
Property Size4,517 SF
Price / SF$596.63
Days on Market169
Property Features for 252-254 Crescent Street
General Information
- Standard status
- Active
- Size
- 4,517 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1870
Listing agency
Coldwell Banker Realty - Waltham
Listed by
Dave DiGregorio
(781) 635-9022
Source
Lindorealtygroup
Added: Feb 3 Updated: Jul 20 at 11:12PM Checked: Jul 22 at 7:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Waltham
Investment Insights
Based on property information with market context.
Immaculate, fully updated turn-key six-family apartment building offered for sale and currently fully rented. The property features newer kitchens with stone tops and stainless appliances, newer tiled bathrooms, and hardwood flooring throughout. On-site laundry and a mix of off-street parking plus a garage are included.
Located on Waltham’s south side near the Charles River and within walking distance to Moody Street shops, restaurants, and public transportation. The property also provides quick access to Rte 128, Rte 2, and the Mass Pike.
A group showing is scheduled for 04/16/2026 from 5:00 PM to 6:00 PM.
Located on Waltham’s south side near the Charles River and within walking distance to Moody Street shops, restaurants, and public transportation. The property also provides quick access to Rte 128, Rte 2, and the Mass Pike.
A group showing is scheduled for 04/16/2026 from 5:00 PM to 6:00 PM.
Key Highlights
- Fully rented six‑family home, built in 1870.
- Newer kitchens with stone tops and stainless appliances.
- Newer tiled bathrooms.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.4k | $38.16 |
| − Vacancy | −$9.0k | −$1.98 |
| EGI | $163.4k | $36.18 |
| − OpEx | −$73.5k | −$16.28 |
| NOI | $89.9k | $19.90 |
4,517 SF · lease $38.16/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.28M
$1.12M – $1.50M
NOI $89,873 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $187,183 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully rented six-family home with updated kitchens, tiled bathrooms, hardwood floors, laundry, and off-street parking.
Where is this apartment building located?
The property is located at 252-254 Crescent Street Waltham, MA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Fully rented six‑family home, built in 1870.; Newer kitchens with stone tops and stainless appliances.; Newer tiled bathrooms.
