9 Spruce St Belmont — Photo 1 of 38
Recent Drop: $149,000
$1,450,000
Investment Analysis — 9 Spruce St
Belmont, MA 02478
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02478 carries an estimated $8,000/mo in gross rent — about a 3.89% cap rate and $56,365/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,872
Style
Multi Family
Built
1915
Rare opportunity to own a character-filled two-family home in one of Belmont's most desirable locations! Perfectly situated just steps from Cushing Square's restaurants, cafes and shops, & moments from the prestigious Oakley Country Club, this property offers an unbeatable lifestyle & location. Each spacious unit features 3 bedrooms, beautiful hardwood floors, stunning natural woodwork & timeless architectural details throughout. Both units offer a pantry, in-unit laundry & their own private enclosed back porch, creating comfortable & functional living spaces. The standout feature is the unique corner lot setting, allowing each unit to be accessed from a different street, giving both homes a distinct single-family feel with added privacy & individuality. The second-floor unit also includes a walk-up unfinished attic offering excellent storage & exciting potential for future expansion. A truly special property with charm, flexibility & exceptional curb appeal in the heart of Belmont
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Pool • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Property History
$1,450,000
Was $1,599,000
Aug 24, 2026
MLS® 73549260
$1,599,000
Jul 14, 2026
MLS® 73549260
Listing Agent: Deb On The Web Realty Group
Listing Office: REMAX Andrew Realty Services
MLS® Number: 73549260