Property Description

Ideally located at the nexus of Belmont, Cambridge and Watertown, this a unique offering; two buildings in mixed use LB3 zoning, consisting of a large three-family dwelling + a separate retail commercial building (710 sq ft plus a full basement for dry storage). The residential building has been well maintained and features updated kitchens with stainless steel appliances, spacious bedrooms, private rear decks, central air conditioning (units 1+2), laundry units in basement and hardwood floors throughout. The tenants pay separate metered utilities for heat, hot water and electricity. 4 leased parking spaces are provided across the street in a private lot. This turnkey investment is in a prime rental and retail location supported by public transportation, recreation, shopping with access to Harvard Square, Watertown Square, Arsenal Yards & Cushing Square. Developers may be able to add ADU unit to basement w walkout, or add up to 3 additional residential units per SD4 code.