240 Crescent St, Waltham MA 02453

Waltham, MA 02453
$1,700,000
Est. $9,048/month
11
Beds
8
Baths
4,000
Sq Ft
$425
Price/Sq Ft
0.09
Acres
1920
Year Built
5+ Family - 5+ Units Up/Down
Type
25
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73176152

About this home

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)

Sale Statistics

Sale Overview
Original List Price: $1,650,000
Final Sale Price: $1,700,000
Difference: +$50,000 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $413
Sale $/sq ft: $425
This property sold for $425 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1920
Bedrooms
11
Full Bathrooms
8
Living Area
4,000 sq ft
Total Rooms
20
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Appliances
Washer, Dryer

Exterior & Structure

Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,920 sq ft
Lot Size Area
0.0900

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Common

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$14,943
Tax Year
2023
Tax Assessed Value
$1,448,000
Parcel Number
839347
Zoning
R

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

240 Crescent St, Waltham MA 02453

Waltham, MA 02453

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,245
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.9%
Price Range
26
Total Days on Market

Property Timeline

Sold
Feb 13, 2024
$1,700,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Nov 1, 2023
$1,650,000
Original listing
Agent: Dennis Kelleher Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Nov 1, 2023 New Listing Added $1,650,000

Market Statistics

Days on Market
25 days
Price per Sq Ft
$425

Tax History

Year Taxes Assessment
2023 $14,943 $1,448,000

Financial Details

Annual Property Tax
$14,943
Tax Year 2023
Assessed Value
$1,448,000

Listing Information

Listing Agent Dennis Kelleher
Listing Office Horvath & Tremblay
Agent MLS ID CN212671
Office MLS ID AN2723

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