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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 2,672 sqft |
| Lot size | 7,850 sqft |
| Year built | 1925 |
| Price / sqft | $598 |
| County | Middlesex |
| MLS # | 73578500 |
Listing status
| Days on market | 0 days |
| Listed on | September 16, 2026 |
Taxes & financials
| Annual property tax | $13,258 |
| Tax year | 2025 |
| Assessed value | $1,164,000 |
| Zoning | R |
| Gross income (actual) | $33,600/yr |
| Net operating income (actual) | $33,600/yr |
| Total actual rent | $2,800/mo |
Building & lot
| Stories | 2 |
| Total rooms | 12 |
| Lot size | 0.18 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Paved |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Belmont →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 32-34 Walnut St, Belmont MA 02478 have?
It is a 2-unit multi-family property with 2,672 sqft of living area, built in 1925.
How long has 32-34 Walnut St, Belmont MA 02478 been on the market?
32-34 Walnut St, Belmont MA 02478 has been listed for 0 days (since September 16, 2026).
What is the price per unit?
At a list price of $1,599,000 across 2 units, that works out to roughly $799,500 per unit.
What are the property taxes on 32-34 Walnut St, Belmont MA 02478?
Annual property taxes are $13,258 (2025), on an assessed value of $1,164,000.
What is the price per square foot?
At $1,599,000 for 2,672 sqft, that's about $598 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, paved).
Where is this property located?
32-34 Walnut St, Belmont MA 02478 is in Belmont, Middlesex County, MA 02478.
