32-34 Walnut St, Belmont MA 02478
Belmont, MA 02478
$1,599,000
$1,449,000
Est. $8,632/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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. Property to be delivered with both units vacant. 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.
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Recently Sold Nearby
Price & Status History
Market Insights
1
Price Changes
9.4%
Price Range
Property Timeline
Price Reduced
Oct 13, 2026
$1,449,000
$150,000
(-9.38%)
From $1,599,000 to $1,449,000 (-9.4%)
Listed for Sale
Sep 16, 2026
$1,599,000
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/13/2026 | ↓ Price Reduced | $1,449,000 | $150,000 | - | From $1,599,000 to $1,449,000 (-9.4%) |
| 09/16/2026 | 🏠 Listed for Sale | $1,599,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $13,258 | $1,164,000 |
Financial Details
Annual Property Tax
$13,258
Tax Year 2025
Assessed Value
$1,164,000
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1925
Living Area
2,672 sq ft
Lot Size
0.18 acres
Stories
2
Bedrooms
4
Full Baths
2
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$2,800/mo · Y
Total Monthly Rent
$2,800/mo
Gross Income
$33,600
Net Operating Income
$33,600
Cap Rate
2.32%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Paved
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$13,258
Assessed Value
$1,164,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
First Floor Unit Is Deleaded. Second Floor Unit - Unknown
Exclusions
Tenant Personal Belongings
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
yellow
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
31 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1925
Bedrooms
4
Full Bathrooms
2
Living Area
2,672 sq ft
Total Rooms
12
Stories
2
Levels
2
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1925
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
2
Utilities & Systems
Heating:
Cooling:
Hot Water:
Oil
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Paved Drive, Off Street, Paved
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
0.7 mi
|
#164 of 825
|
Score: 56.5
Dropped 14 spots from last year
-1.8 below state avg
1,028 students
Diverse
Diverse Student Body
Strong Attendance
Grades 04-06
CNS/Pathways Academy
0.7 mi
Grades 01-12
Belmont Day School
0.9 mi
Grades PK-08
A+
Daniel Butler School
0.2 mi
|
#77 of 825
|
Score: 60.4
Improved 1 spots from last year
+2.2 above state avg
254 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-03
B+
Roger E Wellington School
0.8 mi
|
#257 of 825
|
Score: 52.1
Dropped 239 spots from last year
-6.1 below state avg
388 students
Diverse
Diverse Student Body
Strong Attendance
Grades PK-03
A+
Mary Lee Burbank School
1.1 mi
|
#14 of 825
|
Score: 65.6
Improved 34 spots from last year
+7.4 above state avg
258 students
Diverse
Rising School
Strong Attendance
Grades K-03
A+
Winn Brook School
1.4 mi
|
#59 of 825
|
Score: 61.4
Improved 20 spots from last year
+3.2 above state avg
280 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-03
Middle Schools
1 school
A+
Belmont Middle School
1.2 mi
|
#16 of 352
|
Score: 62.1
Dropped 14 spots from last year
+3.9 above state avg
727 students
Diverse
Strong Attendance
Grades 07-08
High Schools
4 schools
Arlington School
0.7 mi
Grades 08-12
Belmont Hill School
1.5 mi
Grades 07-12
Le Sallay Studies
1.8 mi
Grades 06-12
A+
Belmont High School
1.1 mi
|
#11 of 346
|
Score: 75.4
Dropped 1 spots from last year
+17.2 above state avg
1,498 students
Diverse
21 sports
• 2,714 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,105
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
32-34 Walnut St, Belmont MA 02478
Belmont, MA 02478
Listing Information
Listing Agent
John T. Gosselin
Listing Office
Center Square Realty
Office Phone
617-702-8282
Agent MLS ID
B9500690
Office MLS ID
AN3820
Listing Data Updated
Oct 17, 2026 3:05 AM 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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