Income generating three-unit building w/adjacent parking lot delivered vacant at the confluence of Belmont, Cambridge, and Watertown. This property consists of THREE two-bedroom/one-bathroom units. Each unit has high ceilings, a front facing living room and generous dining room with a built-in hutch, pocket doors, large pantries, and amazing natural light. Hardwood floors throughout, with updated bathroom in unit 2 and refinished floors in units 2 and 3. Unique lot with ample parking to the side of the building. Current owner rented additional parking spaces to neighbors. Rent all three units or maintain one as the owner's unit while the other two rental units earn monthly income. Lots of upside potential as layouts are easily configured to allow for 3 bedroom units and there is plenty of parking to support it. Close to many locally-owned shops on Belmont Street; buses to Harvard Square and Commuter Rail; and many parks, including Grove Street Playground and Fresh Pond Reservoir.
Off market
$1,474,800
25 Park Rd #29, Belmont, MA 02478
6beds
3,694sqft
MultiFamily
Built in 1900
-- sqft lot
$1,474,800 Zestimate®
$399/sqft
$3,538 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,694 sqft
Property
Parking
- Total spaces: 10
Features
- Exterior features: Shingle (Not Wood), Vinyl, Wood
Lot
- Size: 6,098 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Belmont
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Golf Course, Public School, Tennis Court
- App Dscrp 1: Range, Dishwasher, Refrigerator, Washer, Dryer
- App Dscrp 2: Range, Refrigerator, Washer, Dryer Hookup
- Basement Feature: Full, Interior Access, Unfinished Basement, Exterior Access
- Electric Feature: Circuit Breakers
- Exterior: Vinyl, Wood, Shingles, Aluminum
- Foundation: Fieldstone
- Rms Dscrp 1: Living Room, Dining Room, Kitchen
- Rms Dscrp 2: Living Room, Kitchen, Dining Room
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles
- Energy Features: Insulated Windows
- App Dscrp 3: Range, Refrigerator
- Hea Dscrp 3: Hot Water Baseboard
- Ife Dscrp 1: Pantry, Hardwood Floors, Box/Bay/Bow Window(s)
- Rms Dscrp 3: Living Room, Kitchen, Dining Room
- Utility Connections: For Gas Range, For Gas Oven
- Flooring: Hardwood
- Ife Dscrp 2: Balcony/Deck, Hardwood Floors, Bathroom With Tub & Shower, Pantry, Box/Bay/Bow Window(s)
- Exterior Features: Gutters, Garden Area, Deck - Wood, Fenced Yard
- Ife Dscrp 3: Hardwood Floors
- Mf Type: 3 Family
- Hea Dscrp 1: Steam, Individual, Unit Control
- Hea Dscrp 2: Steam, Unit Control, Individual
- Lot Description: Other (see Remarks)
- Hot Water: Tankless
- CONTINGENCY_TYPE: Inspection
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Estimated market value
$1,474,800