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.
Sold for $1,370,000 on 11/22/24
$1,370,000
53-55 Falmouth St, Belmont, MA 02478
5beds
2,590sqft
2 Family - 2 Units Up/Down
Built in 1926
-- sqft lot
$-- Zestimate®
$529/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 22, 2024 at 02:09pm
Listed by:
The Paradigm Team,
Coldwell Banker Realty - Newton,
Simon Gray
Bought with:
Wei Fu
Phoenix Real Estate
Source: MLS PIN,MLS#: 73307557
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Window Unit(s), Wall Unit(s)
Features
- Ceiling Fan(s), Pantry, Bathroom With Tub, Living Room, Dining Room, Kitchen, Sunroom
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Interior Entry
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,590
- Total interior livable area: 2,590 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Garage spaces: 2
Lot
- Size: 5,000 sqft
- Features: Corner Lot
Details
- Parcel number: 355872
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Block
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Belmont
HOA & financial
Other financial information
- Total actual rent: 6100