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