Multi Family at 55-57 Drew Rd, Belmont MA 02478, Belmont
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39 photos

$1,500,000

55-57 Drew Rd, Belmont MA 02478
Belmont, MA 02478
Listed by Matthew Stevens
Bedrooms
4
Bathrooms
2
Living area
2,656 sqft
Year built
1926

About this home

Exceptionally well maintained Belmont two family has been extensively improved by the current owners. Both units offer two bedrooms, a full bath, and updated kitchens with stone counters, upgraded cabinetry, and stainless appliances. Since 2023, significant investments have been made by the current owners- all major systems have been replaced throughout: new forced hot air heating and all-new ductwork, central air conditioning, full insulation, new siding and a new driveway, plus renovated baths with new tile and fixtures. Each unit enjoys its own private patio and access to their own garage bay. Each unit had their own half of the driveway, with space for two additional cars per unit behind their garage bay. The owner's unit includes a walk-up attic which has been pre-plumbed and wired for future expansion. First-floor unit leased at $3,300/month through 7/14/27 with tenant responsible for all utilities, providing in-place income and a strong rental history. The basement houses two locked storage areas, one for each unit. Steps to Waverley Square commuter rail, the 73 bus, Cushing Square, and Belmont schools.

Highlights

Fireplace

Property details

MLS #
73572862
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
30
On market date
September 8, 2026
Stories
2
Total bathrooms
2
Garage spaces
2
Parking spaces
6
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Roger E Wellington
0.44 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
558
Student:teacher ratio
14.3:1
District
Belmont
Middle
Winthrop L Chenery Middle
0.44 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,362
Student:teacher ratio
15.8:1
District
Belmont
High
Belmont High
0.87 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,329
Student:teacher ratio
16.4:1
District
Belmont

Walkability

Blended score for Belmont's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks13
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Belmont, from live MLS data.

On the market 30 days -- 58 fewer days than Belmont's current average of 88 days.
For reference, the median list price across 206 active listings in Belmont right now is $826,950.

Mortgage calculator

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Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.