Up/Down Two-Family with
5-7 Pearl Street Belmont, MA 02478
5-7 Pearl Street, Belmont, MA, 02478
$1,325,000
For Sale
$1,325,000
Well-maintained duplex on a dead-end street with two units, enclosed porches, and off-street parking.
Property Size2,424 SF
Price / SF$546.62
Days on Market107
Property Features for 5-7 Pearl Street
General Information
- Standard status
- Active
- Size
- 2,424 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed by
The Toland Team
(617) 993-4639
Source
Flowrealty
Added: Apr 6 Updated: Jul 21 at 1:47AM Checked: Jul 21 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate
Investment Insights
Based on property information with market context.
This well-maintained two-family features a classic up/down layout. The first-floor unit includes two bedrooms, a full bath, a rear enclosed porch, spacious living and dining areas, an eat-in kitchen with pantry space, hardwood floors, high ceilings, period details, and insulated replacement windows. The second-floor unit offers three bedrooms, front and back enclosed porches, in-unit laundry, and an updated kitchen with stainless steel appliances, white shaker cabinetry, and quartz countertops. Additional storage is available in a walk-up unfinished third-floor attic, and the full unfinished basement includes exterior access.
The property sits on a dead-end street and offers two separate paved driveways with four off-street parking spaces. Roof replacement was completed in 2025 and includes a transferable GAF warranty. The first-floor unit lease ends 6/30/26.
Both units are configured to support day-to-day living with multiple enclosed porches and dedicated in-unit features, while the attic and basement provide added storage capacity.
The property sits on a dead-end street and offers two separate paved driveways with four off-street parking spaces. Roof replacement was completed in 2025 and includes a transferable GAF warranty. The first-floor unit lease ends 6/30/26.
Both units are configured to support day-to-day living with multiple enclosed porches and dedicated in-unit features, while the attic and basement provide added storage capacity.
Key Highlights
- 1900‑built two‑family on a dead‑end street with a classic up/down layout and separate enclosed porches
- 1st‑floor unit: 2 bedrooms, full bath, rear enclosed porch, eat‑in kitchen, pantry space, hardwood floors, and high ceilings
- 2nd‑floor unit: 3rd bedroom, front and back enclosed porches, in‑unit laundry, and updated kitchen with stainless appliances, white shaker cabinets, quartz counters
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.1k | $31.80 |
| − Vacancy | −$3.8k | −$1.57 |
| EGI | $73.3k | $30.23 |
| − OpEx | −$22.0k | −$9.07 |
| NOI | $51.3k | $21.16 |
2,424 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$732.8K
$641.2K – $854.9K
NOI $51,293 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$689.0K
$602.9K – $803.8K
NOI $48,229 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.43M
$1.26M – $1.67M
NOI $100,450 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex on a dead-end street with two units, enclosed porches, and off-street parking.
Where is this duplex located?
The property is located at 5-7 Pearl Street Belmont, MA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 1900‑built two‑family on a dead‑end street with a classic up/down layout and separate enclosed porches; 1st‑floor unit: 2 bedrooms, full bath, rear enclosed porch, eat‑in kitchen, pantry space, hardwood floors, and high ceilings; 2nd‑floor unit: 3rd bedroom, front and back enclosed porches, in‑unit laundry, and updated kitchen with stainless appliances, white shaker cabinets, quartz counters
