aisellshomes.space

$995,000

Active

113 Belmont

Belmont, MA, 02478

Commercial · MLS #73494864

Days on market

New today

Lot size

0.06 ac

0.06 acres

Lot

About this home

Introducing a prime investment opportunity in the heart of Belmont, MA. This 1,840 SF building, boasting 8 versatile units, presents enduring quality with its 1970 construction. Zoned LB3, this property provides flexibility for a range of usage options, making it an ideal choice for office or medical investment. Additionally, Mandatory Mixed-Use – Subdistrict 4 (MXDZ4) (LB3 zoning) allows for a potential mixed use reposition with Commercial Use on the first floor and residential on the upper floors. Occupancy potential for user owner for further growth. There is potential for value enhancement through development. Don't miss out on satisfying the strong market demand for commercial space with this well-positioned property.

Location

113 Belmont, Belmont, MA, 02478

Property details

Parking
1-10 Spaces, Common

Listed by Albert Bouchie · Gibson CRE

Schedule a showing

113 Belmont

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Estimated payment

$6,441 / month

Down payment20% · $199,000
Interest rate6.50%

Loan term

Principal & interest
$5,031
Property tax
$995
Home insurance
$415

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).