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    72-74 Flett Rd Belmont, MA 02478

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    For Sale
    $1,054,800

    Charming 1915 multifamily property with expansion potential in Belmont.

    Lot size:
    0.09 Acres

    Property Features for 72-74 Flett Rd

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1915

    Source: Leading Edge Real Estate Agent Michaela Pixie Mahtani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Multifamily in Waverley Village

    Located in Waverley Village, this multifamily property in Belmont, built in 1915, offers charm and potential. Situated on a quiet street in a well-loved neighborhood, the property features high ceilings and hardwood floors. Open back porches provide additional space overlooking the shared yard. The second floor includes an enclosed front porch and an unfinished walk-up attic, presenting an opportunity for expansion and value addition. The property is located close to Town Field, Pequosette Park, Waverley Square, and Belmont Center. This property is suitable for investors or homeowners looking to build equity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1813211
    Latitude
    42.3862434

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    FAQs

    What type of property is this?
    Apartment building - Charming 1915 multifamily property with expansion potential in Belmont.
    Where is this apartment building located?
    The property is located at 72-74 Flett Rd Belmont, MA.
    What is the asking price?
    The asking price for this property is $1,054,800.
    What are key features of this property?
    This property features: - Rare multi-family property in Belmont's Waverley Village.; - Unfinished walk-up attic offers expansion potential and equity building.; - Charming 1915 build with **high ceilings and hardwood floors.**
    (617) 970-5671
    Request Owner's contact information
    72-74 Flett Rd Belmont, MA 02478
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72-74 Flett Rd Belmont, MA 02478
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