Sold!
$2,400,000
8
Beds
6
Baths
4,517
Living Area
-
Property Description
Listed at a 6.6% Cap Rate on current income, 252-254 Crescent Street consists of 6 residential units in 4,517 square feet of living area with 4 1-Bedroom/1-Bathroom units and 2 2-Bedroom/1 Bathroom Units. All units have been renovated with new kitchens and bathrooms as well as updated flooring. There is ample, off-street parking for tenants of the property including 11 parking spaces. Recent capital improvements include renovated common areas as well a new electrical service to the property featuring 100amps for all units. There is an on-site laundry facility for tenants of the property as well. 252-254 Crescent Street offers the opportunity to acquire a turnkey investment in an exceptional, urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. 252-254 Crescent St can also be purchased with 240 Crescent St (MLS ID: 73176152)
-
Highlights
- Parking Spots: 11
- Property Type: 5-9 Family
- Year Built: 1870
- Property Class: Residential Income
- Total Rooms: 20
- Status: Closed
-
Additional Details
- Appliances: Washer, Dryer
- Lot Features: Corner Lot
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Stone
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R
-
Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, T-Station, University
- Parking Features: Leased
- Covered Parking Spaces: 1
-
Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,614,900
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2023
- Total Rent: $13,575
- Buyer Agent Compensation: 2%%
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water)
- Taxes: $16,666
Similar Listings
Sold
36 Photos
Sold
42 Photos
Sold
36 Photos
Sold
13 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Belmont.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
