53-55 Falmouth St Belmont MA 02478 MLS #73307557

53-55 Falmouth St
Belmont, MA, 02478
$1,268,000
5 Beds
2 Baths
2,590 SqFt
0.11 Acres
$1,268,000
53-55 Falmouth St
Belmont, MA, 02478
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.

Property Details

Price:
$1,268,000
MLS #:
73307557
Status:
Pending
Beds:
5
Baths:
2
Address:
53-55 Falmouth St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Belmont
Listed Date:
Oct 29, 2024
State:
MA
Finished Sq Ft:
2,590
Total Sq Ft:
2,590
ZIP:
02478
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1926
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s), Wall Unit(s)
Fireplaces Total
2
Flooring
Hardwood
Heating
Natural Gas

Exterior

Parking Features
Off Street
Parking Spots
2

Financial

Net Operating Income
$73,200
Tax Year
2024
Taxes
$11,796
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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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Courtesy of Coldwell Banker Realty – Newton. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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53-55 Falmouth St
Belmont, MA