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32-34 Walnut St, Belmont MA 02478

$1,599,000

Estimated $3,698/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $799,500

Total Rent: 33600/year

Estimated CAP Rate:

4 Bedrooms

Baths

2672

Total Parking: 3

7,850 (0.18)

Rare opportunity to own a well-located 2-family in Belmont's desirable Waverly neighborhood. Built in 1925, 32-34 Walnut Street offers 2 spacious 2 BR, 1 Bath residences with approximately 2,672 square fee of total living area on a 7,850 square foot lot. Both units are currently occupied and generate combined rents of $5100 per month with meaningful potential for future rental growth. An attractive opportunity for an investor, owner-occupant or buyer seeking a flexible multigenerational property. Convenient to Waverly Square, public transportation, neighborhood shopping, restaurants, parks, Cambridge and Boston. A substantial Belmont asset with enduring income and appreciation potential.

This home has been viewed 4 times

Last Checked: September 20th, 2026 at 7:38pm (Source: MLS PIN #73578500)

Gross Income: $33,600

Gross Expenses: $13,258

Net Income Calc: $20,342

Annual Expenses for 32-34 Walnut St, Belmont MA 02478

Total Gross Expenses (Calculated)$13,258/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13258

Annual Income & Unit Breakdown for 32-34 Walnut St, Belmont MA 02478

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 32-34 Walnut St, Belmont MA 02478

Listing ID73578500

Property TypeMulti Family

Price1599000 ($598.43/SqFt)

StyleMulti Family

CityBelmont

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2672

Approximate Lot Size (Acres)0.18

Total Parking3

Garage Parking0

Year Built1925

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 32-34 Walnut St, Belmont MA 02478

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsCoin Op Washer And Dryer In Basement To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 32-34 Walnut St, Belmont MA 02478

Real Estate Taxes13258

Tax Year2025

Assessed Value$1,164,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 32-34 Walnut St, Belmont MA 02478

Neighborhood(s)

Area Amenities

Contact Information for 32-34 Walnut St, Belmont MA 02478

Agent

Name: John T. Gosselin

Office

Name: Center Square Realty

Phone: 617-702-8282

Payment Calculator

, Interest

Property Taxes 1104.83

Principal & Interest 9852.53

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Center Square Realty

John T. Gosselin

Agent Phone

Office Phone

(617) 702-8282

Text Agent Call Agent Call Office

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    [unparsed] => 32-34 Walnut St, Belmont MA 02478
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EXIT