For sale

Price cut: $54K (10/14)

$1,704,000

112-114 Payson Rd, Belmont, MA 02478

4beds

2,711sqft

$11,036/mo

Get pre-qualified

Multi Family

Built in 1930

-- sqft lot

$1,643,200 Zestimate^®

$629/sqft

$-- HOA

What's special

Four dedicated bedroomsBlending historical character

Discover a unique opportunity at 112-114 Payson Rd. in Belmont. Fantastic highly sought after location steps to Cushing Square ! This expansive 2711 square foot multi-family property has been thoroughly renovated to a high standard offering a distinctive living experience, blending historical character with modern potential. With four dedicated bedrooms, this residence provides ample private space for residents. The two full bathrooms are thoughtfully integrated, ensuring convenience and comfort for all. This property spans four stories, offering distinct levels of living and tremendous expansion potential on the third floor. A two-car garage provides practical parking solutions and additional storage. The generous 7649 square foot lot size offers potential for outdoor enjoyment and landscaping. To truly appreciate the unique character and potential of this multi-family property, schedule your private viewing today.

6 days
458
30

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Hardwood
Windows: Insulated Windows
Basement: Full,Partially Finished
Number of fireplaces: 2

Interior area

Total structure area: 2,711
Total interior livable area: 2,711 sqft
Finished area above ground: 2,711

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street, Driveway
Garage spaces: 2
Uncovered spaces: 4

Features

Exterior features: Professional Landscaping

Lot

Size: 7,649 Square Feet
Features: Level

Details

Parcel number: 356586
Zoning: 2-Fam Res

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, House of Worship, Public School, T-Station

Location

Region: Belmont

Financial & listing details

Price per square foot: $629/sqft
Tax assessed value: $1,255,000
Annual tax amount: $14,292
Date on market: 10/8/2026
Total actual rent: 0

Estimated market value

$1,643,200

$1.56M - $1.73M

$3,596/mo

Price history

Date	Event	Price
10/14/2026	Price change	$1,704,000-3.1%$629/sqft
Source: MLS PIN #73588425 Report a problem
10/8/2026	Listed for sale	$1,758,000$648/sqft
Source: MLS PIN #73588425 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,294 +9.6%	$1,255,000 +1.6%
2024	$13,042 +4.3%	$1,235,000 +11%
2023	$12,510 +0.2%	$1,113,000 +3.1%
2022	$12,485 +4.7%	$1,080,000 +4.5%
2021	$11,921 +2.6%	$1,033,000 -2.2%
2020	$11,616 +8.8%	$1,056,000 +15.4%
2019	$10,678 +2.5%	$915,000 +6.8%
2018	$10,413 +1.6%	$857,000 +6.1%
2017	$10,254 -2.2%	$808,000 -3.2%
2016	$10,488 +13.4%	$835,000 +16.5%
2015	$9,249 +6.9%	$717,000 +11.9%
2014	$8,654 +1.3%	$641,000
2013	$8,545 +0.3%	$641,000 +0.5%
2012	$8,517 +4.4%	$638,000 +3.6%
2011	$8,156 +4.5%	$616,000 -4%
2010	$7,807 +1.6%	$642,000 -0.6%
2009	$7,681 +3.1%	$646,000 -2.3%
2008	$7,449 -1.7%	$661,000 -10.1%
2007	$7,578 +0.4%	$735,000 +1.4%
2006	$7,547 +1.3%	$725,000 +4%
2005	$7,451 +7.2%	$697,000 +7.4%
2004	$6,951 +6.8%	$649,000 +7.5%
2003	$6,511 +15.9%	$604,000 +20.3%
2002	$5,617 +8.1%	$502,000 +14.6%
2001	$5,195 +14.1%	$438,000 +32.3%
1999	$4,555	$331,000