Sold!
$940,000
2,138
Living Area
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Property Description
Desirable and rare mixed use property featuring two residential rental apartments and one highly visible commercial space. Property located near new Belmont High School and Clay Pit Pond, while walkable to Fresh Pond in Cambridge and Belmont Center. Commercial space is vacant and consists of about 250SF, eleven foot ceiling, half bathroom, and large picture window facing Concord Avenue. Both rental units are rented to longer term tenants, both TAW, have hardwood floors, fiirst floor heated by oil, second floor heated by gas, and both rents are well below market value. Seller to install new stove in second floor unit. There is ample off street parking in the rear of the building as well as daily on street parking. Property needs some updating but overall offers a strong long term investment property in a very desirable town and location.
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Highlights
- Parking Spots: 5
- Year Built: 1927
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Legal Conforming
- Zoning: R
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Fees / Taxes
- Buyer Agent Compensation: 2.00%
- Tax Year: 2024
- Facilitator Compensation: 1.00%
- Taxes: $8,015
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Listing information provided courtesy of Barrett Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
