163 Belmont St, Belmont, MA 02478
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$2,375,000
4 Unit
6 Beds
1 Bath
4510 SQFT
0.10 Acre

Property Description

Ideally located at the nexus of Belmont, Cambridge and Watertown, this a unique offering; two buildings in mixed use LB3 zoning, consisting of a large three-family dwelling plus a separate retail commercial building (710 sq ft plus a full basement for dry storage). The residential building has been well maintained and features updated kitchens with stainless steel appliances, spacious bedrooms, private rear decks, central air conditioning (units 1+2), laundry units in basement and hardwood floors throughout. The tenants pay separately metered utilities for heat, hot water and electricity. Four leased parking spaces are provided across the street in a private lot. Fully leased, this turnkey investment is in a prime rental and retail location supported by public transportation, recreation, shopping with easy access to Harvard Square, Watertown Square, Arsenal Yards, and Cushing Square. There might be potential to add ADU unit to residential basement with walkout, or add commercial units.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Half Baths: 1
  • Amenities: Park, Public School, Public Transportation, Shopping
  • Basement Features: Full, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Ceiling Fans, Pantry
  • Common Appliances: Dishwasher, Freezer, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 129840
  • Net Operating Income: 129840

Utilities

  • Heat Zones: 4
  • Cooling Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Gas
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73437607
  • Last Updated: 10/06/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/04/2025Active$2,375,000$527MLSPIN
09/30/2025New$2,375,000$527MLSPIN

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Seller's Representative: Gregory Herot, Club Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-10-06 11:02:00

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