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$ 940,000
$ 969,000 3.0%
Est. payment /mo
Sold on 02/20/2025
105 Concord Avenue Belmont, MA 02478
2,138 SqFt
UPDATED:
Key Details
Sold Price $940,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,138 sqft
Price per Sqft $439
MLS Listing ID 73313906
Sold Date 02/20/25
HOA Y/N false
Year Built 1927
Annual Tax Amount $8,015
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Desirable and rare mixed use property featuring two residential rental apartments and one highly visible commercial space. Property located near new Belmont High School and Clay Pit Pond, while walkable to Fresh Pond in Cambridge and Belmont Center. Commercial space is vacant and consists of about 250SF, eleven foot ceiling, half bathroom, and large picture window facing Concord Avenue. Both rental units are rented to longer term tenants, both TAW, have hardwood floors, fiirst floor heated by oil, second floor heated by gas, and both rents are well below market value. Seller to install new stove in second floor unit. There is ample off street parking in the rear of the building as well as daily on street parking. Property needs some updating but overall offers a strong long term investment property in a very desirable town and location.
Location
State MA
County Middlesex
Zoning R
Direction On Concord Ave near Belmont High School.
Exterior
Utilities Available Public Water, Private Water, Public Sewer
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 5
Others
Senior Community false
Listed by Middlesex Residential Properties
Bought with Todd Movsessian • Barrett Sotheby's International Realty
Bought with Todd Movsessian • Barrett Sotheby's International Realty
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