$2,900,000
( $1075.67Per Sq Foot )
 $15,568 est/mo Sourced by Back At You

171 Belmont St,Belmont, MA 02478

Belmont, MA 02478

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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.

Details

MLS #73572651
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site49
Listing Provided ByGibson CRE | Albert Bouchie

Features

SQ Feet2,696
ZoningMOZ4
Acreage0.07

Exterior

RoofRubber

Utilities

UtilitiesPublic Water, Public Sewer, 220 Volts

Taxes

Tax Annual Amount11743
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityBelmont
Zip Code02478
AreaMiddlesex
Listing VS Median (in 02478)
Price:
$2,900,000
low | high
Med:
$962,500
100% of Average
sqft:
2,696
low | high
Med:
1,728
85.923590504451% of Average
$ / sqft:
$1,076
low | high
Med:
$587
95.451151700476% of Average
On site:
49
low | high
Med:
64
76.5625% of Average
Sourced by Back At You

Market Activity 02478

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Learn More About This Property

StateMA
CountyMiddlesex
CityBelmont
Zip Code02478
AreaMiddlesex
Listing VS Median (in 02478)
Price:
$2,900,000
low | high
Med:
$962,500
100% of Average
sqft:
2,696
low | high
Med:
1,728
85.923590504451% of Average
$ / sqft:
$1,076
low | high
Med:
$587
95.451151700476% of Average
On site:
49
low | high
Med:
64
76.5625% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.175M - $3.625M
sqft: 2,000 - 3,000
Listing Updated: September 29, 2026 at 7:35:56 AM PDT