Sold for $1,370,000

$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

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Window Unit(s), Wall Unit(s)

Appliances

Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

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: 4
Parking features: Off Street
Garage spaces: 2
Uncovered spaces: 2

Lot

Size: 5,000 Square Feet
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 & HOA

Location

Region: Belmont

Financial & listing details

Price per square foot: $529/sqft
Tax assessed value: $1,117,000
Annual tax amount: $11,796
Date on market: 1/12/2026
Total actual rent: 6100

Price history

Date	Event	Price
11/22/2024	Sold	$1,370,000+8%$529/sqft
Source: MLS PIN #73307557 Report a problem
11/5/2024	Contingent	$1,268,000$490/sqft
Source: MLS PIN #73307557 Report a problem
10/30/2024	Listed for sale	$1,268,000$490/sqft
Source: MLS PIN #73307557 Report a problem