HomeBelmontMulti Family104-106 Payson Rd, Belmont MA 02478
104-106 Payson Rd, Belmont MA 02478 — photo 1 of 131 / 13
$1,628,000
104-106 Payson Rd, Belmont MA 02478
2 units · 7 bd · 3 ba · 2,966 sqft · $814,000/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02478) yet.

About this property

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.

Property details

Units2
Living area2,966 sqft
Lot size7,095 sqft
Year built1930
Price / sqft$549
CountyMiddlesex
MLS #73540884

Listing status

Days on market4 days
Listed onJune 24, 2026

Taxes & financials

Annual property tax$15,282
Tax year2026
Assessed value$1,359,000
Zoning2Fam
Gross income (actual)$76,200/yr
Net operating income (actual)$76,200/yr
Total actual rent$6,350/mo

Building & lot

Stories3
Total rooms15
Lot size0.16 acres
Garage spaces2
Parking spaces8
ParkingPaved Drive
BasementInterior Entry, Unfinished
FoundationConcrete Perimeter
RoofSlate
ConstructionFrame
FlooringWood, Tile

Utilities & systems

HeatingSteam, Natural Gas
SewerPublic Sewer
WaterPublic
AppliancesRefrigerator

Location

More about investing in Belmont

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 104-106 Payson Rd, Belmont MA 02478 have?

It is a 2-unit multi-family property with 2,966 sqft of living area, built in 1930.

How long has 104-106 Payson Rd, Belmont MA 02478 been on the market?

104-106 Payson Rd, Belmont MA 02478 has been listed for 4 days (since June 24, 2026).

What is the price per unit?

At a list price of $1,628,000 across 2 units, that works out to roughly $814,000 per unit.

What are the property taxes on 104-106 Payson Rd, Belmont MA 02478?

Annual property taxes are $15,282 (2026), on an assessed value of $1,359,000.

What is the price per square foot?

At $1,628,000 for 2,966 sqft, that's about $549 per square foot.

Is there parking?

2 garage spaces and 8 total parking spaces (paved drive).

Where is this property located?

104-106 Payson Rd, Belmont MA 02478 is in Belmont, Middlesex County, MA 02478.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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