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FOR SALE Gibson Commercial is presenting a 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 MBTA 3A zoning as outlined by Town of Belmont. This zoning allows for a multitude of 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.

Property Details of 171 Belmont Street

Property Details

Map Location

Listed by Albert Bouchie of Gibson CRE

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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