Under Agreement

55-57 Drew Rd, Belmont, MA

Belmont · MA 02478

$1,500,000
Price
4
Beds
2
Baths
2656
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1926
Units: 2 Units
Lot size: 5,100 Sq.Ft Lot
Price per square foot: $565 / Sq.Ft
Parking: 2 Garage Spaces · 4 Off Street Spaces

About this home

Exceptionally well maintained Belmont two family has been extensively improved by the current owners. Both units offer two bedrooms, a full bath, and updated kitchens with stone counters, upgraded cabinetry, and stainless appliances. Since 2023, significant investments have been made by the current owners- all major systems have been replaced throughout: new forced hot air heating and all-new ductwork, central air conditioning, full insulation, new siding and a new driveway, plus renovated baths with new tile and fixtures. Each unit enjoys its own private patio and access to their own garage bay. Each unit had their own half of the driveway, with space for two additional cars per unit behind their garage bay. The owner's unit includes a walk-up attic which has been pre-plumbed and wired for future expansion. First-floor unit leased at $3,300/month through 7/14/27 with tenant responsible for all utilities, providing in-place income and a strong rental history. The basement houses two locked storage areas, one for each unit. Steps to Waverley Square commuter rail, the 73 bus, Cushing Square, and Belmont schools.

Neighborhood & Transit

Waverley

55-57 Drew Rd, 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:
56 days
Listing Price:
$1,500,000
Price per Sq.Ft:
$565
Tax Assessment:
$1,186,000 in 2025
Taxes:
$1,126 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,656 Sq.Ft
Broker Disclosure about Living Area
includes 3 season porches
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2656
Flooring
Unknown
Lead paint
Yes, Certified Treated

Utilities

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

Exterior Features

Lot Size
5,100 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Matthew Stevens
Listing office
Stevens Property Group
MLS PIN #
73572862
Disclosure
Buyer to do all due diligence re: expansion potential. First floor (57) leased through 7/14/2027 at $3,300/ month, full lease to be provided during due diligence - First floor (57) targeted de-leading completed, re-occupancy certificate issued.
Disclosure
includes 3 season porches