24-26 Baker St Belmont — Photo 1 of 42
$1,388,800
Investment Analysis — 24-26 Baker St
Belmont, MA 02478
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02478 carries an estimated $6,680/mo in gross rent — about a 3.33% cap rate and $46,223/yr in estimated NOI at the $1,388,800 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,834
Style
2 Family - 2 Units Up/Down
Built
1913
Incredible opportunity at 24-26 Baker Street! This well-maintained 2,834 sq. ft., two-family home is nestled in an unbeatable location near Belmont Center and highly walkable to the Alewife bus line for an easy commute to Harvard, Cambridge, or Boston. It is located within walking distance to elementary and middle school and within minutes to Belmont High School, Fresh Pond, golf courses, restaurants and shopping. Priced at $1,388,800 this property is a rare find because it will be DELIVERED FULLY VACANT. This is an ideal setup for an investor seeking immediate market rents or a buyer looking for a mortgage helper to live in one unit and rent the other. Both units are in good condition, featuring renovated kitchens and painted woodwork thoughtfully updated about 12 years ago. The unfinished 3rd floor presents an outstanding opportunity to create a luxurious primary suite or additional living space. . Parking in this urban area is a major premium, and this property offers 2-3 spaces in the back of the building plus tandem parking in the driveway. Don't miss this turnkey Belmont investment. Delivered empty and ready for its next owner and priced to sell!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Listing Agent: Lisa A. Bradley
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73568965
