Price Reduced 4.21%

$2,275,000 ($504.43 per sqft)

Est. Mortgage $10,912/mo *

Quick Pre-Approval

163 Belmont St, Belmont, MA, 02478

163 Belmont St, Belmont, MA, 02478

20 rooms

6 beds

1 Half baths

1900

4,510 sqft

Ideally located at the nexus of Belmont, Cambridge and Watertown, this a unique offering; two buildings in mixed use LB3 zoning, consisting of a large three-family dwelling + a separate retail commercial building (710 sq ft plus a full basement for dry storage). The residential building has been well maintained and features updated kitchens with stainless steel appliances, spacious bedrooms, private rear decks, central air conditioning (units 1+2), laundry units in basement and hardwood floors throughout. The tenants pay separate metered utilities for heat, hot water and electricity. 4 leased parking spaces are provided across the street in a private lot. This turnkey investment is in a prime rental and retail location supported by public transportation, recreation, shopping with access to Harvard Square, Watertown Square, Arsenal Yards & Cushing Square. Developers may be able to add ADU unit to basement w walkout, or add up to 3 additional residential units per SD4 code.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

LB3

Heating:

Natural Gas

Cooling:

Central Air, Window Unit(s)

Basement:

Full, Walk-Out Access

Levels:

4

Acreage:

0.1

Est. Taxes:

$27,644

Assessment

$2,427,000

Construction

Frame

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Park, Public School

Appliances:

Range, Dishwasher, Refrigerator, Freezer

MLS #:

73437607


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Gregory Herot, Club Realty 617-487-8285