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53-55 Falmouth St, Belmont, MA

Belmont · MA 02478

$1,370,000
Price
5
Beds
2
Baths
2590
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1926
Units: 2 Units
Lot size: 5,000 Sq.Ft Lot
Price per square foot: $490 / Sq.Ft
Parking: 2 Garage Spaces · 2 Off Street Spaces

About this home

Attention investors and owner occupants who wants to live in one unit and rent another unit to help with mortgage payments. Great investment opportunity to own corner lot two family house with fantastic commuting location and short distance to Cambridge. The 1st level has two bedrooms, renovated bath, eat-in kitchen, dining room, sunroom, and fire-placed living room with natural woodwork. The 2nd floor unit has the same layout and an additional 3rd floor bedroom. Refinished hardwood floors throughout. Detached two-car garage plus additional 2 off-street parking. Both units were recently converted to gas heat. Multiple recent upgrades. The sale includes the architectural plans for potential 3rd floor expansion. This property offers immediate rental income and fantastic long-term investment opportunity in a sought-after location.

Neighborhood & Transit

53-55 Falmouth St, Belmont · MA 02478

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
736 days
Listing Price:
$1,268,000
Price per Sq.Ft:
$490
Tax Assessment:
$1,117,000 in 2024
Taxes:
$983 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,590 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2590
Flooring
Unknown
Lead paint
Yes

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Paradigm Team
Listing office
Coldwell Banker Realty - Newton
MLS PIN #
73307557
Disclosure
Fireplaces were never used during the seller's ownership. Seller planned to convert the 3rd floor to the 3rd unit, architectural plans attached. The lead paint test was performed for both units, the reports attached to the lead paint disclosure. Check the seller's disclosure for the list of upgrades