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55-57 Crescent St Waltham, MA 02453

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For Sale
$1,995,000

Multi-family property with commercial space and licensed rooming house.

Property Features for 55-57 Crescent St

General Information

Standard status
Active

Building Details

Year built
1900

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Listing Contact
David Ferrini
David Ferrini
Source: Corcoran

Listing Agency: Coldwell Banker Realty - Sudbury Listing Agent: David Ferrini

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multifamily with Commercial Space

This property presents an investment opportunity featuring a mix of residential and commercial spaces. The building includes a two-story hair salon and spa, equipped with workstations, free-standing sinks, a prep room, and waiting areas. The second floor of the salon space offers areas suitable for waxing, facials, and massage rooms. Additionally, the property houses a first-floor, updated one-bedroom apartment with a large, exclusive-use deck overlooking the water and basement access. A large studio apartment occupies the second story. The third floor contains three separate rooms with a shared bath and kitchenette. The property is currently generating income and offers significant untapped potential. It is located one block from Moody Street and includes private off-street parking. The property is a multi-family with commercial space and a licensed rooming house.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Waltham
County
Middlesex
State
Massachusetts
Longitude
-71.2394553
Latitude
42.3714309

FAQs

What type of property is this?
Mixed-use property - Multi-family property with commercial space and licensed rooming house.
Where is this mixed-use property located?
The property is located at 55-57 Crescent St Waltham, MA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: - Multi-family property with commercial space (hair salon/spa) and licensed rooming house offering diverse income streams.; - Prime location: one block from Moody Street with excellent walkability.; - Untapped potential and upside for increased income generation.
More about this property
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