408-410 Crescent St, Waltham MA 02453
Waltham, MA 02453 • South Waltham
$2,088,000
Est. $12,144/month
About this home
Turn-key investment opportunity in a prime Waltham location. Moments to Moody Street, downtown Waltham, with easy access to 95/128/Mass Pike and public transit. Distinctive Mansard style building with six 1 bed/1bath units, all are rented. 7 parking spots out back, laundry and storage in basement. Owner has done a number of capital improvements, see attached list. Current rents are below market value. Opportunity Knocks!
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jul 25, 2026
New showing requirements
Showing Instructions Updated
Jul 23, 2026
New showing requirements
Listed for Sale
Jul 21, 2026
$2,088,000
Original listing
Agent: Gore Lietzke Group
Office: William Raveis R.E. & Home Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/25/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/23/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/21/2026 | 🏠 Listed for Sale | $2,088,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $16,627 | $1,693,200 |
Financial Details
Annual Property Tax
$16,627
Tax Year 2025
Assessed Value
$1,693,200
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1880
Living Area
4,642 sq ft
Lot Size
0.19 acres
Bedrooms
6
Full Baths
6
Total Rooms
17
Investment Metrics
Units
6
Unit 1 Rent
$2,000/mo · N
Unit 2 Rent
$2,075/mo · Y
Unit 3 Rent
$2,000/mo · Y
Unit 4 Rent
$2,300/mo · Y
Total Monthly Rent
$8,375/mo
Gross Income
$151,500
Net Operating Income
$95,100
Operating Expenses
$56,400
Water/Sewer Expense
$5,269
Electric Expense
$6,812
Insurance Expense
$6,717
Cap Rate
4.55%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Basement
Full, Interior Entry
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street
Total Spaces
7
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$16,627
Assessed Value
$1,693,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Current Rents Include Heat, Hot Water, Electricity, Wi-fi And Cable. Natural Gas Is Separately Metered For Each Apartment, Serving The Stove And Hot Water Heater. Those Costs, Plus Wi-fi And Cable, Could Potentially Be Transferred To The Tenants Over Time.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Public records states 17 rooms.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
6
Living Area
4,642 sq ft
Total Rooms
17
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,642 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Interior Features:
Windows:
Basement:
Full, Interior Entry
Laundry:
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Rubber
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Heating Zones:
1
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Waltham School District local
B+
School Safety
2024-25
2.3%
Average
2.2%
Suspensions
1.4%
In-School
0.1%
Emergency
3.2% below state avg
Elementary Schools
10 schools
The Lumen Academy
1.6 mi
Grades PK-08
Milestones Day School
2.4 mi
Grades 02-12
Our Lady's Academy
3.3 mi
Grades PK-08
B
Henry Whittemore Elementary School
0.6 mi
|
#357 of 824
|
Score: 49.0
Improved 144 spots from last year
-9.2 below state avg
372 students
Moderate
Rising School
Grades K-05
B-
William F. Stanley Elementary School
0.7 mi
|
#420 of 824
|
Score: 47.2
Improved 49 spots from last year
-11.1 below state avg
381 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B+
Thomas R Plympton Elementary School
1.4 mi
|
#303 of 824
|
Score: 50.8
Improved 344 spots from last year
-7.4 below state avg
357 students
Diverse
Rising School
Diverse Student Body
Grades K-05
B+
James Fitzgerald Elementary School
2.0 mi
|
#270 of 824
|
Score: 51.8
Improved 2 spots from last year
-6.4 below state avg
350 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
B-
Dual Language School
2.3 mi
|
#433 of 824
|
Score: 46.6
Dropped 101 spots from last year
-11.6 below state avg
222 students
Moderate
Grades K-05
B
Northeast Elementary School
2.9 mi
|
#352 of 824
|
Score: 49.1
Improved 255 spots from last year
-9.1 below state avg
527 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
A-
Douglas MacArthur Elementary School
2.9 mi
|
#185 of 824
|
Score: 55.9
Improved 213 spots from last year
-2.3 below state avg
475 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
2 schools
B
John W. McDevitt Middle School
1.2 mi
|
#160 of 352
|
Score: 43.8
Dropped 17 spots from last year
-14.4 below state avg
618 students
Diverse
Grades 06-08
A-
John F Kennedy Middle School
1.4 mi
|
#94 of 352
|
Score: 50.3
Improved 34 spots from last year
-7.9 below state avg
635 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
4 schools
B-
Waltham Senior High School
1.4 mi
|
#179 of 346
|
Score: 53.0
Improved 59 spots from last year
-5.2 below state avg
1,791 students
Diverse
21 sports
• 1,802 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
Chapel Hill Chauncy Hall School
1.8 mi
Grades 09-12
Waltham Valor High School
2.3 mi
49 students
Less Diverse
Grades 09-12
Gann Academy-The New Jewish High School
2.7 mi
Grades 09-12
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95% Interest
Year 15
50/50
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Location
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Neighborhood
South Waltham
408-410 Crescent St, Waltham MA 02453
Waltham, MA 02453
Listing Information
Listing Agent
Gore Lietzke Group
Listing Office
William Raveis R.E. & Home Services
Office Phone
617-964-1850
Agent MLS ID
TM006550
Office MLS ID
M95266
Listing Data Updated
Jul 25, 2026 12:06 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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