Pending

3&5 Oxford Ave

Belmont MA, 02478

$3,900,000


$490.20 per sqft

Pending

15 Beds

8 Baths

7,956 sqft

Multi-family

Built in 1900

Rare to Market standard six family income property, PLUS adjacent two family home in very convenient location. Bus line at corner into Harvard Square. Both properties been substantially renovated about ten years ago. Annual gross income aproximately 210K. All units are tenant at will. All units have central a/c, granite counter kitchens, and six family has rear porches as well as common laundry in the basement. PLUS the six family is already converted to condos. Rents on the six family are as follows - FIve units rented at $2,000/mo, and one unit rented at $2,200/mo. The two family rentals gather $2,600/mo and $2,750/mo.THE SIX FAMILY RENTS INCLUDE WATER AND SEWER AND DOMESTIC HOT WATER . THE TWO FAMILY RENTS DON'T INCLUDE WATER AND SEWER OR UTILITIES. Lot size estimated.PROJECTED GROSS INCOME OF $259200 PER YEAR!

73177420

MLS ID

November 4, 2023

Listed

February 16, 2024

Updated

Map

3&5 Oxford Ave
Belmont MA, 02478

Interior Features

Total Stories

8


Bedrooms

15 Beds


Bathrooms

8 Baths


Interior Features

Unit 1 Rooms(Living Room, Kitchen)


Appliances

Unit 1(Dishwasher,Refrigerator), Utility Connections for Gas Range


Floor Description

Hardwood, Unit 1(undefined)


Fireplace

No


Cooling

Yes


Cooling Description

Unit 1(Central Air)


Heating

Yes


Heating Description

Forced Air, Individual, Unit 1(Central Heat, Forced Air)

Exterior/Building Features

Lot Size

0.2 Acres


Exterior Features

Porch


Roof

Shingle, Rubber


Sewer

Public Sewer

Other Property Details

Taxes

$25,026


Tax Frequency

Annually


Garage

No


Parking

Paved Drive, Shared Driveway, Off Street


Parking Total

8


View

Yes


View Description

City View(s)


County

Middlesex


Water Source

Public


Pool

No


Zoning

R


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

2/15/2024

Pending

2/10/2024

Under Contract

1/29/2024

Price Change

$3,900,000

-10%

1/7/2024

Price Change

$4,300,000

-5%

 

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