11 Pearl Street, Belmont MA 02478

Belmont, MA 02478
$1,200,000
Est. $7,288/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
2
Baths
2,214
Sq Ft
$542
Price/Sq Ft
0.10
Acres
1910
Year Built
5
Parking
New today
Time on Market
For Sale Listed Oct 28, 2026 • MLS# 73596029 Copied! • Updated Oct 28, 2026

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About this home

A fantastic opportunity to own a beautifully maintained two-family home on a dead end street and in a prime location, just a half-mile from the commuter rail and surrounded by an abundance of restaurants, shops, and local amenities. Both units are fully rented, making this an ideal investment opportunity with established rental income.The first-floor unit features hardwood flooring, a spacious living room, a dining room with a charming built-in cabinet and wall A/C, and a fully applianced kitchen offering ample cabinet space. 2 good size bedrooms, Additional highlights include a full tile bath, in-unit stackable washer and dryer, and both front and rear enclosed porches.The second-floor unit offers a comfortable living room, a dining room with hardwood flooring and a built-in cabinet, and a fully applianced kitchen with plenty of storage. 2 good size bedrooms, A rear enclosed porch and in-unit washer and dryer add to the convenience and appeal.Additional features include separate heating systems, both approximately 2016; updated 200-amp electrical service; a walk-up attic; and a full basement offering abundant storage space, plus a small additional finished room. 2 separate driveway parking accommodates two cars for the first-floor unit and three cars for the second-floor unit.With its pristine condition, thoughtful updates, desirable location, and fully occupied units, this property is an outstanding opportunity for investors or owner-occupants looking to build equity while generating rental income. A must-see two-family home offering convenience, versatility, and long-term potential!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 28, 2026
$1,200,000
Original listing
Agent: Teresa Troisi Office: Core Real Estate

Tax History

Year Taxes Assessment
2025 $12,244 $1,075,000

Financial Details

Annual Property Tax
$12,244
Tax Year 2025
Assessed Value
$1,075,000

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1910
Living Area 2,214 sq ft
Lot Size 0.10 acres
Stories 2
Bedrooms 4
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $2,400/mo · Y
Unit 2 Rent $2,200/mo · Y
Total Monthly Rent $4,600/mo
Gross Income $55,200
Net Operating Income $55,200
Cap Rate 4.60%
Heating Hot Water, Natural Gas
Cooling Wall Unit(s)
Flooring Wood, Tile, Carpet, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Concrete
Laundry Washer Hookup
Features Ceiling Fan(s), Pantry, Storage, Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Walk-up Attic, Remodeled, Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street, Paved
Total Spaces 5
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $12,244
Assessed Value $1,075,000
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Tenants Belongings Not Included
Exclusions Tenants Belongings
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures approx
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
2,214 sq ft
Total Rooms
10
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Pantry, Storage, Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Walk-Up Attic, Remodeled, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Interior Entry, Concrete
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Utilities & Systems

Heating: Hot Water, Natural Gas
Heating Zones: 2
Cooling: Wall Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved
School District
Belmont School District local
A+
✓ School Safety 2024-25
0.6% Low
0.6% Suspensions 0.8% In-School
↓ 4.9% below state avg
E

Elementary Schools

3 schools
A+
Daniel Butler School
0.3 mi | #77 of 825 | Score: 60.4
Improved 1 spots from last year
+2.2 above state avg
254 students Diverse
Diverse Student Body Strong Attendance
Grades K-03
CNS/Pathways Academy
0.4 mi
Grades 01-12
Belmont Day School
0.5 mi
Grades PK-08
M

Middle Schools

2 schools
A+
Belmont Middle School
1.0 mi | #16 of 352 | Score: 62.1
Dropped 14 spots from last year
+3.9 above state avg
727 students Diverse
Strong Attendance
Grades 07-08
B+
Watertown Middle School
1.3 mi | #110 of 352 | Score: 48.5
Improved 9 spots from last year
-9.8 below state avg
591 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Arlington School
0.4 mi
Grades 08-12
Walker Beacon School
0.7 mi
Grades 07-12
A+
Belmont High School
0.9 mi | #11 of 346 | Score: 75.4
Dropped 1 spots from last year
+17.2 above state avg
1,498 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,020
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

11 Pearl Street, Belmont MA 02478

Belmont, MA 02478

Listing Information

Listing Agent Teresa Troisi
Listing Office Core Real Estate
Office Phone 617-869-4477
Agent MLS ID BB806095
Office MLS ID AN0388
Listing Data Updated Oct 28, 2026 12:51 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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