345 Trapelo Rd Belmont MA 02478 MLS #73288172

345 Trapelo Rd
Belmont, MA, 02478
$1,800,000
Beds
4 Baths
4,895 SqFt
0.11 Acres
$1,800,000
345 Trapelo Rd
Belmont, MA, 02478
LOCATION! LOCATION! LOCATION! Tenanted with Semi-Net leases in place -tenants pay utilities & maintenance- owner pays taxes & insurance. Entry area & Upstairs is the Cambridge Center for Chinese Culture occupying a total of 2895 OPEN square feet with high ceilings, 4 years left on lease with an option to renew for 5 more years. (May be possible to vacate tenant) Remodeled in 2015 to include hardwood floors, acoustic ceiling with built in sound system and recess lighting. Central air and a handicap elevator – lift. Grand wide stairs lead up to the unit. with 2 bathrooms, Storage and office space included. Downstairs is a food laboratory VERY long-term tenant with 7 years remaining and would like to stay. Comes with storage area, 2 offices & 2 more bathrooms. Amazing location 2 doors down from Dunkin Donuts close to public transportation. Owner is looking to 1031 ASAP, already has another property under agreement.

Property Details

Price:
$1,800,000
MLS #:
73288172
Status:
Active
Beds:
0
Baths:
4
Address:
345 Trapelo Rd
Type:
Commercial
City:
Belmont
Listed Date:
Sep 11, 2024
State:
MA
Finished Sq Ft:
4,895
Total Sq Ft:
4,895
ZIP:
02478
Lot Size:
4,712 sqft / 0.11 acres (approx)
Year Built:
2015

Schools

Interior

Exterior

Parking Spots
3

Financial

Tax Year
2024
Taxes
$9,303
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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345 Trapelo Rd
Belmont, MA