Stately and expansive two-family home in the highly desirable Belmont neighborhood, offering timeless character and exceptional flexibility for both investors and owner-occupants.With impressive ceiling heights across all living levels including basement. This solid property offers a premier foundation and incredible equity upside for a custom luxury. Rich natural wood details, high ceilings, abundant natural light, and spacious rooms create warmth and charm throughout. Large apartments feature comfortable layouts, eat-in kitchens, tile baths, and inviting living rooms with fireplaces. The impressive upper unit spans two levels, making it an ideal owner's residence, while the lower unit provides excellent rental income potential. A detached two-car garage, additional off-street parking. Conveniently located just moments from Cushing Square, public transportation, shopping, restaurants, parks, and all that Belmont has to offer.
This home has been viewed 8 times
Last Checked: June 24th, 2026 at 8:28pm (Source: MLS PIN #73540884)
Gross Income: $76,200
Gross Expenses: $15,282
Net Income Calc: $60,918
Annual Expenses for 104-106 Payson Rd, Belmont MA 02478
Total Gross Expenses (Calculated)$15,282/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15282
Annual Income & Unit Breakdown for 104-106 Payson Rd, Belmont MA 02478
Total Gross Income (Calculated)$76,200
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms5
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit2
Rent Includes
General Information for 104-106 Payson Rd, Belmont MA 02478
Listing ID73540884
Property TypeMulti Family
Price1628000 ($548.89/SqFt)
StyleMulti Family
CityBelmont
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2966
Approximate Lot Size (Acres)0.16
Total Parking10 (2 Garage)
Garage Parking2
Year Built1930
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning2Fam
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 104-106 Payson Rd, Belmont MA 02478
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 104-106 Payson Rd, Belmont MA 02478
Real Estate Taxes15282
Tax Year2026
Assessed Value$1,359,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 104-106 Payson Rd, Belmont MA 02478
Elementary SchoolWinthrop L Chenery Middle Scho
Middle SchoolBelmont Ms
High SchoolBelmont Hs
Neighborhood(s)
Area Amenities
Contact Information for 104-106 Payson Rd, Belmont MA 02478