Property Listing No Longer Available for Sale

50 Grove St, Belmont, MA

Multi-family for Sale - $598,000 - 2,250 Sq. Ft. on 1900 acres


Property Info

CIMLS#433577
Location
  50 Grove St
  Belmont MA 02478
UpdatedJune 23rd, 2013
TypeMulti-family
Price$598,000
Building2,250 Sq. Ft.
Land1900 acres

Property Description

Belmont (Cambridge line - just 2 miles west of Harvard Square) - Authentic 1920s ice cutter workman style 2.5 multi-family home (legal 2 family). Exterior Each apartment has full living room, dining room, 2 bedrooms with closets, tiled complete bathroom, and eat-in cabinet kitchen. Basement has 2 small finished rooms plus a full bathroom. Bus #73 into Harvard Square stops one block away. We have owned this wonderful multi-family home at 50 and 52 Grove St, Belmont MA, 2 miles west of Harvard Square Cambridge, for over three (3) decades. While the exterior needs re-painting, the interior offers lots of naturally well-lit rooms and wood floors throughout. $598,000. For further information, call Broker #781-789-1588. Additional details at http://www.realtor.com/realestateandhomes-detail/50-Grove-St_Belmont_MA_02478_M36801-12687?source=web


Financials

Location, location, location - walk, bike ride, or bus into Harvard Square make this a sound investment from owner. Easy access via Bus#73 into Cambridge & Boston. Each apartment rents between $1450/month and $1650/month. Tenants pay their own utilities. Real estate taxes, insurance and maintenance runs around $7500/year.