Belmont, MA 02478,105 Concord Avenue
Belmont, MA 02478,105 Concord Avenue
Belmont, MA 02478,105 Concord Avenue
$940,000
Est. payment /mo
$969,000
3.0%
Est.Price: ?

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2,138 SqFt
SOLD DATE : 02/20/2025

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

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Listed by Middlesex Residential Properties
Bought with Todd Movsessian • Barrett Sotheby's International Realty

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agent

Ryan Askew

+1(508) 440-6100

Sales Associate | License ID: 9578345

Sales Associate License ID: 9578345

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