171 Belmont St, Belmont, MA 02478
171 Belmont St, Belmont, MA 02478
171 Belmont St, Belmont, MA 02478
171 Belmont St, Belmont, MA 02478
171 Belmont St, Belmont, MA 02478
171 Belmont St, Belmont, MA 02478
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Caitlin Unger

Caitlin Unger

+1(617) 522-2421
$ 2,900,000
Est. payment | /mo

2,696 SqFt

Save
$ 2,900,000
Est. payment | /mo
Save

2,696 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,696 sqft

Price per Sqft $1,075

MLS Listing ID 73572651

HOA Y/N false

Year Built 1930

Annual Tax Amount $11,743

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Description

FOR SALE BELMONT-MARLBORO ST PORTFOLIOGibson Commercial presents a 2 property Portfolio consisting of multifamily (3 units) and commercial retail /office property (3 units). Property is being sold as a portfolio and not individually. These abutting properties are located at 5 Marlboro St ( MLS #) & 171-173 Belmont St ( MLS#) in Belmont, Ma. This portfolio offers a combined 6,363 Sf area in place of combined living/office/ retail area, situated on an 8,180 sq ft lot. The versatile configuration includes a 3-family residential building and a 3-unit retail/office building, providing dynamic investment potential . The properties are abutting and sit in the new 1-A and MZOD4 in the new MBTA 3A zoning as outlined by Town of Belmont. This zoning allows for a multiple possibilities for potential repositioning or expansion. Situated in the sought-after Belmont -Cambridge area, this property has short- and long-term potential for growth due to below market rents and the as of right aspects provided in the new zoning designation. This site is perfect for residential reposition. This strategic location offers an attractive project for astute investors and developers looking to make a statement in the thriving Belmont real estate market, which is encouraging housing development.

Location

State MA

County Middlesex

Zoning MOZ4

Direction Belmont Street to Marlboro St

Exterior

Utilities Available Public Water, Public Sewer, 220 Volts

Roof Type Rubber

Others

Senior Community false

Listed by Gibson CRE

LOCATION

171 Belmont St

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Caitlin Unger
Caitlin Unger

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+1(617) 522-2421

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