55-57 Drew Rd
$1,599,990
4
Beds
2
Baths
2,656
Sqft
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$1,599,990
4
Beds
2
Baths
2,656
Living Area
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Property Description
Turnkey two-family in Belmont's Waverley area, extensively improved by the current owners and delivered with the upper unit vacant for immediate owner occupancy. Both units offer two bedrooms, a full bath, and updated kitchens with stone counters, upgraded cabinetry, and stainless appliances. All major systems have been replaced throughout: new forced hot air heating and all-new ductwork, central air conditioning, full insulation, new siding and a new driveway, plus renovated baths with new tile and fixtures. Each unit enjoys its own private patio and a dedicated garage bay with tandem parking behind — a rare configuration at this price point. The owner's unit includes a walk-up attic which has been pre-plumbed for future expansion. First-floor unit leased at $3,300/month through 7/14/27 with tenant responsible for all utilities, providing strong in-place income with no near-term vacancy exposure. The basement houses two locked storage areas, one for each unit. Steps to Waverley Square commuter rail, the 73 bus, Cushing Square, and Belmont schools. Ideal for owner-occupants, investors, or 1031 exchange buyers.
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Highlights
- Area: Waverley
- Heating: Central, Forced Air, Natural Gas
- Parking Spots: 6
- Property Type: Multi Family
- Total Rooms: 12
- Status: Active
- Cooling: Central Air
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1926
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System
- Flooring: Wood, Tile, Vinyl, Hardwood
- Interior Features: Ceiling Fan(s), Lead Certification Available, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Walk-Up Attic, Pantry, Smart Thermostat, Living Room, Dining Room, Kitchen, Mudroom, Office/Den, Sunroom
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R
- Basement: Concrete, Unfinished
- Exclusions: Sellers Personal Items, Tenants Personal Items.
- Fireplaces: 2
- Foundation: Concrete Perimeter, Block
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Assigned
- Covered Parking Spaces: 2
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,186,000
- Tax Year: 2025
- Total Rent: $3,300
- Rental Fee Includes: Unit 1(None)
- Taxes: $13,509
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Stevens Property Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.