Active
4 Days on market
32-34 Walnut St Belmont — Photo 1 of 1

32-34 Walnut St Belmont — Photo 1 of 1

$1,599,000

32-34 Walnut St, Belmont, MA 02478

Belmont, MA 02478

Beds

4

Baths

2

SqFt

2,672

Style

Multi Family

Built

1925

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$598/sqft
Local Avg (Belmont)$635/sqft
6% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Belmont, MA.

Property Details

Financials

Original Price$1,599,000
Annual Taxes$13,258

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.18
SqFt Lot7,850
Lot Features--

Geography

Population

27,175

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$183K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

35.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: John T. Gosselin

Listing Office: Center Square Realty

MLS® Number: 73578500

Browse More Homes in Belmont

Explore other active listings in the area.