163 Belmont St Belmont, MA 02478
Cushing Square NeighborhoodEstimated payment $14,259/month
Highlights
- Deck
- Property is near public transit
- Balcony
- Roger Wellington Elementary School Rated A
- Wood Flooring
- Porch
About This Home
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 + 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 separate metered utilities for heat, hot water and electricity. 4 leased parking spaces are provided across the street in a private lot. This turnkey investment is in a prime rental and retail location supported by public transportation, recreation, shopping with access to Harvard Square, Watertown Square, Arsenal Yards & Cushing Square. Developers may be able to add ADU unit to basement w walkout, or add up to 3 additional residential units per SD4 code.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,644
Year Built
- Built in 1900
Lot Details
- 4,183 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,510 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Insulated Windows
- Living Room
- Dining Room
- Wood Flooring
Kitchen
- Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 0.5 Bathroom
- Bathtub with Shower
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Balcony
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Central Air
- 2 Cooling Zones
- 4 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(gas)
- Assessor Parcel Number 355681
Community Details
Recreation
- Park
Additional Features
- 4 Units
- Shops
- Net Operating Income $98,040
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,644 | $2,427,000 | $705,000 | $1,722,000 |
| 2024 | $24,256 | $2,297,000 | $967,000 | $1,330,000 |
| 2023 | $23,784 | $2,116,000 | $912,000 | $1,204,000 |
| 2022 | $22,681 | $1,962,000 | $835,000 | $1,127,000 |
| 2021 | $22,716 | $1,761,000 | $826,000 | $935,000 |
| 2020 | $17,611 | $1,601,000 | $666,000 | $935,000 |
| 2019 | $15,614 | $1,338,000 | $510,000 | $828,000 |
| 2018 | $15,892 | $1,308,000 | $442,000 | $866,000 |
| 2017 | $11,510 | $907,000 | $365,000 | $542,000 |
| 2016 | $11,656 | $928,000 | $365,000 | $563,000 |
| 2015 | $10,023 | $777,000 | $325,000 | $452,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2025 12/04/25 | Price Changed | $2,275,000 | -4.2% | $504 / Sq Ft | |
| 09/30/2025 09/30/25 | For Sale | $2,375,000 | +150.7% | $527 / Sq Ft | |
| 07/25/2014 07/25/14 | Sold | $947,500 | -0.2% | $210 / Sq Ft | View Prior Sale |
| 06/25/2014 06/25/14 | Pending | -- | -- | -- | |
| 06/12/2014 06/12/14 | For Sale | $949,000 | -- | $210 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $947,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73437607
APN: BELM-000001-000064
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