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Lynne McGrath
REALTOR®
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55-57 Crescent St, Waltham, MA 02453

$1,995,000
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Active
BEDS10 BATHS4 full 1 partial SQUARE FEET4,585 MLS#73450474
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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

55-57 Crescent St | MLS# 73450474

This multi-family property located at 55-57 Crescent St, Waltham, MA 02453 is currently listed for sale with an asking price of $1,995,000. Search Waltham real estate on lynnemcgrath.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry
Basement: Yes
Heating: Natural Gas
Lot Size: 0.25 Acres
Stories: 4.0
Taxes: $1,078,923
Year Built: 1900

Amenities

Cathedral/Vaulted Ceilings
Upgraded Cabinets
Upgraded Countertops
Bathroom With Tub & Shower
Remodeled
Slider
Bathroom with Shower Stall
Living Room
Dining Room
Kitchen
Family Room
Office/Den
Balcony/Deck

Feature Descriptions

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Building Area Total: 4585
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 170
Dwelling Type: 5-9 Family
Flooring: Hardwood
HeatingY/N: 1
Lot Features: Level
Parcel Number: 839382
Parking Total: 8
Rooms Total: 17
Sewer: Public Sewer
Special View Info: City View(s), Scenic View(s)
Units: 7
Water: Public
Waterfront Features: Waterfront, River
Window Features: Picture Window

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Sudbury
Agency Phone: 978-443-9933
Agent Name: David Ferrini

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Shown By

Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 94,932.13 per month $4,440.01 Principal & Interest $89,910.25 Property Tax $581.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:00:38 AM EST) or MLSPIN MLS (last updated Wed 04/22/2026 11:38:30 PM EST) or Prime MLS (last updated Wed 04/22/2026 11:33:16 PM EST) or MREIS (last updated Wed 04/22/2026 11:55:22 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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