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55-57 Crescent St, Waltham, MA

Waltham · MA 02453

$1,850,000
Price
7
Beds
4.5
Baths
4585
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 0.25 Acre Lot
Price per square foot: $435 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

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

Neighborhood & Transit

55-57 Crescent St, Waltham · MA 02453

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Waltham Commuter Rail 1 route 0.28 mi
    • Fitchburg Line

Price Insight

Days on Market:
303 days
Listing Price:
$1,995,000
Price per Sq.Ft:
$435
Tax Assessment:
$1,098,700 in 2025
Taxes:
$89,910 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
4
Half Bathrooms
1
Living Area
4,585 Sq.Ft
Broker Disclosure about Living Area
Mixed units and commercial space - used as hair salon
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4585
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
400 Amps

Exterior Features

Lot Size
10,899 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
David Ferrini
Listing office
Coldwell Banker Realty - Sudbury
MLS PIN #
73450474
Disclosure
Property is an estate. The seller knows limited information and makes no representations. Buyers & buyer's agents to perform due diligence. Some photos may be virtually enhanced. Property is zoned as Mixed Use, Rooming House, & Commercial. To continue w/ rooming house, new buyers will have to apply
Disclosure
Mixed units and commercial space - used as hair salon