141-143 Oakley Road, Belmont MA 02478
Belmont, MA 02478 • Payson Park
$2,550,000
Est. $14,518/month
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About this home
Superb two-family in Payson Park. Gut renovated to the studs (2023) and fully re-designed for today's modern lifestyle, this spacious 6 & 8 room multi-family offers care-free ownership and excellent rental history. The upper unit feels more like a single family w/3+ bedrooms, 2.5 bathrooms, a sunroom, 2 living rooms, a dining room & an eat-in kitchen. Common features throughout include hardwood floors, contemporary kitchens w/stainless steel appliances, quartz countertops, recessed lighting and breakfast bars, vaulted-ceilings, in-unit laundry, double-glaze windows, wood-burning fireplaces & closed-cell foam insulation. All new wiring, plumbing, millwork/doors & multi-zone high-efficient heating and cooling systems. The open & airy floor plan affords all-day sun from full southern exposure. The yard is a gardner's delight with meandering walkways and many seasonal blooms and full irrigation system. Central to all schools, Cushing Square and commuter rail to Cambridge and Boston.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Property Type Updated
Jul 15, 2026
3 Family → Multi Family
Listed for Sale
Jul 14, 2026
$2,550,000
Original listing
Agent: Peter Boyajian Team
Office: Real Estate 109
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/15/2026 | 🔧 Property Type Updated | - | - | - | 3 Family → Multi Family |
| 07/14/2026 | 🏠 Listed for Sale | $2,550,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $17,086 | $1,464,000 |
Financial Details
Annual Property Tax
$17,086
Tax Year 2026
Assessed Value
$1,464,000
Facts & Features
2 Car Garage
Central AC
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1920
Living Area
3,500 sq ft
Lot Size
0.18 acres
Bedrooms
6
Full Baths
3
Half Baths
1
Total Rooms
15
Investment Metrics
Units
2
Unit 1 Rent
$4,500/mo · N
Unit 2 Rent
$6,500/mo · N
Total Monthly Rent
$11,000/mo
Gross Income
$132,000
Net Operating Income
$132,000
Cap Rate
5.18%
Interior
Heating
Natural Gas, Hydro Air
Cooling
Central Air
Flooring
Tile, Hardwood, Stone/ceramic Tile
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace
Wood Burning
Fireplaces
2
Basement
Full, Interior Entry, Concrete, Unfinished
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Storage, Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Broadband, Internet Available - Dsl, Pantry, Cathedral/vaulted Ceilings, Walk-in Closet(s), Bathroom With Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom, Family Room, Mudroom, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Asphalt/composition Shingles
Features
Professional Landscaping, Garden
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Garage Spaces
2
Has Garage
Yes
Features
Off Street, Driveway
Total Spaces
6
Utilities
Electric
Circuit Breakers, 200+ Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Oven, For Electric Dryer, Washer Hookup, Icemaker Connection, Varies Per Unit
Financial
Annual Tax
$17,086
Assessed Value
$1,464,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Also Selling As 2 Condos. 2nd Floor Is Vacant. Prior Rent As Of June 30th Was $6500 P/m. 1st Floor Will Be Delivered Vacant At Closing, See Agent Regarding Rental History. Please Contact Belmont School Dept., For School Placement. First Floor Photos Virtually Staged
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Green
Sq Ft Source
Owner
Documents
None
County
Middlesex
Total market time (incl. prior listings)
25 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,500 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,500 sq ft above grade
0 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood, Stone/Ceramic Tile
Appliances:
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features:
Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Broadband, Internet Available - DSL, Pantry, Cathedral/Vaulted Ceilings, Walk-In Closet(s), Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom, Family Room, Mudroom, Office/Den
Windows:
Stained Glass Window(s), Picture Window, Box/Bay/Bow Window(s), Skylight(s), Insulated Windows, Screens
Basement:
Full, Interior Entry, Concrete, Unfinished
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Asphalt/Composition Shingles
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Natural Gas, Hydro Air
Heating Zones:
3
Cooling:
Central Air
Cooling Zones:
3
Hot Water:
Natural Gas, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Professional Landscaping, Garden
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Corner Lot, Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
6
Parking Features:
Off Street, Driveway
Special Features
Fireplaces:
2
Fireplace Type:
Wood Burning
Community Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Public School, Sidewalks
Nearby Schools
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
Elementary Schools
7 schools
A
Winthrop L. Chenery Upper Elementary School
0.1 mi
|
#159 of 824
|
Score: 56.7
Dropped 9 spots from last year
-1.5 below state avg
1,023 students
Diverse
Diverse Student Body
Strong Attendance
Grades 04-06
CNS/Pathways Academy
1.2 mi
Grades 01-12
Belmont Day School
1.2 mi
Grades PK-08
A+
Mary Lee Burbank School
0.4 mi
|
#12 of 824
|
Score: 65.9
Improved 36 spots from last year
+7.7 above state avg
238 students
Diverse
Rising School
Strong Attendance
Grades K-03
A-
Roger E Wellington School
0.6 mi
|
#250 of 824
|
Score: 52.4
Dropped 232 spots from last year
-5.8 below state avg
426 students
Diverse
Diverse Student Body
Grades PK-03
A+
Daniel Butler School
0.9 mi
|
#76 of 824
|
Score: 60.7
Improved 2 spots from last year
+2.5 above state avg
261 students
Diverse
Diverse Student Body
Grades K-03
A+
Winn Brook School
1.1 mi
|
#50 of 824
|
Score: 62.3
Improved 29 spots from last year
+4.1 above state avg
304 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-03
Middle Schools
1 school
A+
Belmont Middle School
0.8 mi
|
#15 of 352
|
Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students
Diverse
Strong Attendance
Grades 07-08
High Schools
4 schools
Arlington School
1.2 mi
Grades 08-12
Le Sallay Studies
1.4 mi
Grades 06-12
Belmont Hill School
1.6 mi
Grades 07-12
A+
Belmont High School
0.6 mi
|
#10 of 346
|
Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 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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Down: $0
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Monthly Payment Breakdown
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Property Tax
$1,424
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Payson Park
141-143 Oakley Road, Belmont MA 02478
Belmont, MA 02478
Listing Information
Listing Agent
Peter Boyajian Team
Listing Office
Real Estate 109
Office Phone
617-489-5110
Agent MLS ID
TM363243
Office MLS ID
BB5170
Listing Data Updated
Aug 8, 2026 4:53 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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